The facility will manufacturer energy-efficient engines and parts, and production should begin in early 2018. This plant – the Welland plant – will be one of GE’s most advanced and the first such facility in Canada.
Ontario – and Canada more generally – is increasingly being viewed as a place of technological innovation and skill, and the generous grant is reflective of this faith.
Kathleen Wynne, Premier of Ontario, said: “GE’s decision to invest in Welland sends a clear message that our province has a lot to offer. Our government will continue to strengthen Ontario’s reputation as a great place to invest, so we can bring more jobs and growth to communities across our province.”
The Welland plant will be 450,000 square feet in size and bring an ‘industrial internet of things’ approach to manufacturing. The plant’s equipment will be fully integrated and communicate with the most advanced sensors available.
The new project will create at least 220 jobs, enhancing Ontario’s appeal as a place for businesses to grow.
Vice-Chairman of GE, John Rice, stated: “The City of Welland becomes an important link in our global integrated network and the new future that we have charted for GE with the convergence of industrial and digital, and Canada has all the essential ingredients to succeed in this new digital industrial reality. Canada is a key partner to GE in seizing opportunities that contribute to domestic development, as well as export opportunities and global supply chain development, as we seek to meet the needs of our customers in 180 countries around the world.”