McGuinty Government Welcomes Korean Company's First Canadian Plant
LONDON, ON, Jan. 22 /CNW/ - A new $70-million manufacturing plant will
bring over 150 good jobs to London and economic spinoffs to all of Ontario.
The new 200,000 sq. ft. state-of-the-art facility will be the first in
Canada for the Korean-based Fortune 500 Hanwha Group.
The facility will supply retail outlets such as Rona and IKEA with
HanStone Fine Quartz surfaces for kitchen countertops, vanities and other
surfaces for residential and commercial uses.
Minister of Economic Development and Trade Sandra Pupatello - who
recently completed a trade mission to India and Germany - says Hanwha's choice
of London points to Ontario's greatest asset - the strength of its workforce.
"International companies like Hanwha want to be part of the Ontario story
because they want to work with our highly skilled workforce and make the
world's most innovative, quality, products," said Pupatello.
Ontario has a strategy to attract direct foreign investment that includes:
- An active outreach to promote Ontario's advantages through regular
business missions, an expanded roster of 10 International Marketing
Centres, and Invest Ontario, an integrated international marketing
campaign, all of which expand Ontario's international reach and raise
the province's economic profile in the global marketplace.
- A competitive economy supported by: Ontario programs such the Ontario
Automotive Investment Strategy, the Advanced Manufacturing Investment
Strategy and the New Next Generation Jobs Fund; a competitive tax and
regulation structure; a highly-skilled workforce and low business
- A one-stop investment portal that helps, supports and guides
potential investors through the process of establishing a business in
Disponible en français
For further information:
For further information: Flavio Volpe, Minister's Office, (416)
325-6907; Robert Mikel, Communications Branch, (416) 325-6686