News - Invest in Hamilton

Air Canada connects Hamilton with new luxury motorcoach option

Air Canada is offering Hamilton residents a smoother journey to the world by launching a new motorcoach service. This collaboration with The Landline Company connects passengers directly to Toronto Pearson Airport from John C. Munro Hamilton International Airport and back, creating a seamless travel…

Pfizer Canada invests $500,000 in McMaster’s inclusive vaccine research

Pfizer Canada is investing $500,000 in McMaster projects to address critical gaps in health equity during vaccine development and delivery. This investment, announced at McMaster University on Apr. 23, 2024, aims to support the university’s commitment to inclusive excellence in research. Specifically, it will…

McMaster University and King’s College London partner to advance nuclear medicine research and training

In a groundbreaking collaboration, McMaster University and King’s College London’s School of Biomedical Engineering and Imaging Sciences (BMEIS) have joined forces to propel nuclear medicine research and education. Announced on Apr. 8. 2024, these world-leading nuclear research institutions are pooling their expertise to optimize…

Hamilton’s Innovation Factory and Haltech join forces to supercharge Southwestern Ontario innovation

Ontario’s innovation scene is about to get a major boost. Two of the region’s leading hubs, Innovation Factory and Haltech, announced their amalgamation — signifying a renewed commitment to fostering technological innovation, entrepreneurship, and sustainable economic growth across southwestern Ontario. The merger, effective Apr.…

AstraZeneca’s $2.4B acquisition of Fusion Pharmaceuticals marks milestone in cancer treatment

A McMaster University spin-out company, Fusion Pharmaceuticals, is being acquired by pharmaceutical giant AstraZeneca for $2.4 billion. Fusion, founded by McMaster professor John Valliant, develops radioconjugates for precision cancer treatment. By the second quarter of this year, the company will become a wholly-owned subsidiary…

Steelport offers new vision for Hamilton’s waterfront

A massive redevelopment project to transform 800 acres of Hamilton’s waterfront into a world-class industrial park and community hub has taken a major step forward. Slate Asset Management, the firm behind the Steelport project, applied for a Draft Plan of Subdivision to the City…

P&H Milling Group Boosts Grain and Flour Capacity at Hamilton Port

The Hamilton-Oshawa Port Authority (HOPA Ports) is celebrating the expansion of the P&H Milling Group and Parrish & Heimbecker Limited (P&H) facility at the Port of Hamilton. The expansion, announced on Tuesday, will increase the port’s grain storage and flour production capacity and support…

Fero International gets $3.5 million to expand medical infrastructure in Hamilton

A Hamilton-based company that produces modular buildings for the healthcare sector has received a $3.5-million investment from the federal government to increase production and create 50 new jobs. Fero International Inc., a woman-led manufacturer of cost-effective and rapidly deployable modular solutions, announced the funding…

Sip, Savour, and Support: NOSH 2024 launches in Hamilton

In a culinary celebration like no other, Hamilton welcomes the month-long NOSH 2024 extravaganza throughout the month of February. What began as a highlight during Small Business Week in October has now evolved into a grand event in collaboration with ten Business Improvement Areas…

First containers roll through new Hamilton rail terminal, paving the way for enhanced supply chains in Ontario

In a momentous stride for the southern Ontario logistics landscape, the Hamilton Container Terminal (HCT), in collaboration with the Hamilton-Oshawa Port Authority (HOPA Ports) and Canadian National Railway (CN), has officially inaugurated a direct intermodal rail service connecting Hamilton, ON, to Montreal, QC. The…

Hamilton will be home to Canada’s largest sugar refinery

SucroCan Sourcing LLC announced on Tuesday (Jan. 16, 2024) its plans to build Canada’s largest sugar refinery at the Port of Hamilton. The growing integrated sugar refiner’s $135 million investment is expected to yield an annual refining capacity of 1 million metric tonnes at…

Hamilton prefab home manufacturer secures $2.5M federal funding boost

A Hamilton-based prefab home manufacturer, BECC Modular, will receive $2.5 million from the federal government in a significant development for the housing industry. The substantial investment will help BECC Modular manufacture nearly 2,200 modular homes annually, contributing to creating over 35 new jobs within…

Latitude Air Ambulance sets permanent base at Hamilton Airport

Latitude Air Ambulance is establishing a permanent home at John C. Munro Hamilton International Airport. Having leased the space since 2009, the company held a groundbreaking ceremony on Dec. 15 for its new complex. The 44,000-square-foot projected is expected to be completed by late…

Hamilton economic growth expected to surpass Ontario average

Hamilton’s economic growth rate is expected to surpass the provincial average in the coming months. According to the Conference Board of Canada’s recent economic outlook report, while Hamilton experienced relatively slower and subdued growth in the latter half of 2023, the city should gain…

Hamilton hits $2 billion in construction value at record pace

It’s been another record-setting year for the City of Hamilton, surpassing the previous record set in 2021 and reaching $2,133,057,915 in construction value. Industrial construction value is also the highest on record, surpassing $526 million. The City officially hit the $2 billion mark on…

Slate Asset Management Unveils Plans for Stelco’s Hamilton Lands

Slate Asset Management, the private equity firm behind the redevelopment of Stelco’s Hamilton lands, plans to submit formal development plans to the city in the coming months. The first phase, set to begin next year, aims to transform the 800-acre industrial parcel into a…

AAG cuts ribbon on $25 million Hamilton expansion

AXYZ Automation Group (AAG) unveiled its 105-square-foot expansion on Thursday at Hamilton’s Flamborough/iConnect Business Park. A global leader in manufacturing CNC router machines and waterjet cutting solutions, AAG’s expansion is expected to create 100 jobs, with plans for another 50. Mayor Andrew Horwath attended…

Hamilton named 2023 prime investment destination by Site Selection Magazine

Once again, Hamilton has been listed as a prime investment destination by Site Selection Magazine. In its annual Canada’s Best Locations 2023 report, Site Selection Magazine specifically lauded the Bayfront Industrial Area Strategy, which will assist in creating nearly 4,000 acres of mixed industrial…

Hamilton's Economic Development Office team at the Maple Leaf Foods LEED certification event on July 20, 2023. (Left to right: Jennifer Patterson, Manager of Business Investment & Sector Development; Norm Schleehahn, Director, Economic Development; Tyson McMann, Business Development Consultant – Agri-Food and Food & Beverage; and Phil Caldwell, Senior Project Manager)

Maple Leaf’s Hamilton plant receives prestigious environmental certification

The Maple Leaf Foods plant in Hamilton received the Leadership in Energy and Environmental Design (LEED) Silver certification from the Canada Green Building Council. LEED is an international certification recognizing sustainability excellence and green building leadership. Maple Leaf officially recognized its certification at an…

UPS delivers on $65 million, 315,000-square-foot warehouse in Hamilton

UPS expanded its Hamilton footprint by breaking ground on a new 315,000-square-foot warehouse at Red Hill Business Park. The $65 million investment is expected to add 100 jobs, with the potential for more in the future. “The area is now home to a growing…

hamilton harbour slate stelco development render

Hamilton Harbour land to open to public for first time in more than 100 years

Slate Asset Management, owners of the approximately 800-acre parcel of industrial land that once belonged to Stelco, announced a new name and vision for the massive project at 386 Wilcox St. in Hamilton. Expected to be completed by 2033, Steelport will be developed in…

Hamilton expands brownfield remediation program to ‘breathe new life’ into industrial past

Hamilton’s long-running brownfield remediation program is being expanded. Designed to breathe new life into the city’s industrially contaminated past, the program has led to more than 3,300 residential units and upwards of 1.9-million square feet of industrial, commercial and institutional space. Since 2001, the…

THE ENTREPRENEUR SUCCESS INITIATIVE LAUNCHES IN HAMILTON!

The City of Hamilton officially launched the Entrepreneur Success Initiative at the ESI – OINP Business Forum on February 22, 2023, held at McMaster Innovation Park. The Entrepreneur Success Initiative administered by the Toronto Business Development Centre aims to grow immigrant entrepreneur investment opportunities outside…

AtomVie Global Radiopharma Inc. expands its radiopharmaceutical footprint in Hamilton

The City of Hamilton welcomes another investment to the Airport Employment Growth District! AtomVie Global Radiopharma Inc. (AtomVie), a global leader in the manufacturing and distribution of finished-dose therapeutic radiopharmaceuticals is currently constructing a purpose-built facility for commercial production at 10 Aeropark Blvd. AtomVie…

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