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bornagainbiking Jan 12, 2010 11:46 PM

New Business Development
 
Will Canada Bread megabakery land in Hamilton?
TheSpec.com - BreakingNews - Will Canada Bread megabakery land in Hamilton?

Mark McNeil
City economic development officials say they will do everything they can to try to convince Canada Bread Co. to build a $100-million megabakery in Hamilton.

The Toronto-based company announced today it is looking at several area municipalities to come up with a 31-acre parcel of land to accommodate the country’s largest bakery, employing more than 300 people.

Canada Bread said it will be closing three aging bakery operations in Toronto. The company wanted to consolidate the operations under one roof in the Greater Toronto Area but could not find a suitable piece of land. So they’re looking further afield.

Company spokesperson Jeanette Jones would not say whether Hamilton is among the contenders or what other communities are being considered.

Neil Everson, Hamilton’s director of economic development and planning, doesn’t know whether the city is on the company’s short list.

“A plant this size, I think the city has to look at it. But there is going to be a lot of competition for an operation like that, especially in this economy.”

He says Hamilton has competitively-priced land available, transportation links, and affordable housing prices for workers. He says the city has 700 acres of “shovel ready” land on inventory, and he thinks Glanbrook might be a good fit.

But officials in Brantford have other ideas. That city has a “food cluster task force” that has brought in investments from 21 food manufacturers including Maidstone Bakeries, which produces Tim Hortons products, and the North American facility for Ferrero Group, an Italian food company. The sector accounts for about 2,000 jobs in the region.

Hamilton already has a Canada Bread bakery operation in Hamilton, on Nebo Road. More than 90 employees work there. But Jones said the Nebo site is not suitable for the new bakery.

All I can say is have a bus route in place or some cheap access by walking or cycling. :banana: :banana: :banana:
Come on City Hall, Brantford is eager.........

SteelTown Jan 13, 2010 3:42 PM

New Business Development
 
'Creative thinking' gets a $5.5-million boost

January 13, 2010
Eric McGuinness
The Hamilton Spectator
WATERDOWN
http://www.thespec.com/News/Local/article/703955

SunOpta BioProcess Inc. (SBI) of Brampton is getting $5.5 million from the federal government to demonstrate that it can turn wood chips into fuel-grade ethanol and the sugar substitute xylitol.

The cellulosic ethanol would replace gasoline, reducing greenhouse gases without using corn or other food crops. The Canadian-made sweetener would replace xylitol imported from China where it is made from corn. The process also produces lignin, which can be burned to generate electricity or used to bind other wood waste into fuel pellets.

The grant was announced by Lisa Raitt, Halton MP and Minister of Natural Resources, and by Vicky Sharpe, president of Sustainable Technology Development Canada, at the Opta Minerals plant on Parkside Drive in Waterdown. SBI has a pilot plant there that turns poplar chips from Bancroft into peat-moss-like fibres that go through an enzyme process to make sugars that are fermented to produce ethanol.

Raitt said the technology deserves assistance because: "It's a process that produces two valuable products at the same time -- a cleaner fuel and a healthy sugar substitute -- and they both come from wood chips, and that's what I call innovation, exactly the kind of creative thinking our government is proud to support."

SBI says its process uses 75 per cent less water than needed to make ethanol from corn. Funding for the $16.5-million demonstration plant will also come from Xylitol Canada and Emerald Forest Sugars Inc.

The company hasn't picked a site for the demonstration facility, but David Sweet, MP for Ancaster-Dundas-Flamborough-Westdale, quickly buttonholed president Murray Burke of Oakville to lobby for a location in Hamilton. Burke said the Waterdown site isn't big enough.

Xylitol Canada, majority owned by SBI, says it wants to be a low-cost, high-quality manufacturer of food and pharmaceutical-grade sweetener from readily available environmentally sustainable biomass.

The natural, low-calorie sugar substitute looks and tastes like sugar and is of equal sweetness. It's used in such familiar products as Trident gum, Altoids mints and Carole's low-sugar cheesecake -- the last of which Raitt sampled after her announcement. Xylitol is said to be diabetic-friendly and to have anti-cavity properties.

SunOpta, which owns 86 per cent of SBI, also owns OptaMinerals, a leading seller of industrial minerals, and a food group described as Canada's largest distributor of organic foods. It trades on Nasdaq (STKL) and the TSX (SOY).

Raitt and Sharpe yesterday announced another $52.5 million from SDTC for 15 other clean technology projects across Canada.

Recipients include a Vancouver-led consortium that plans to use genetic engineering to develop a non-food variant of mustard seed for biodiesel fuel production, a consortium including Ford Canada and Ballard Power Systems to improve hydrogen fuel cells for buses and an Ontario project to better sort and recycle waste plastics.

SteelTown Feb 17, 2010 10:30 PM

We got Canada Bread! It's going to North Glanbrook. 300-400 new jobs in and 100 seasonal jobs in Hamilton.

SteelTown Feb 17, 2010 10:33 PM

Hamilton chosen as site for megabakery

February 17, 2010
Emma Reilly
Hamilton Spectator
http://www.thespec.com/News/BreakingNews/article/723489

Hamilton will be the new home of a multimillion-dollar megabakery, officials announced this afternoon.

Canada Bread Co. has purchased a parcel of land in the North Glanbrook Industrial Park to build the country's largest bakery. The move is expected to bring 300 new jobs to Hamilton, as well as an extra 120 jobs during construction.

Gary Goodyear, the federal minister responsible for southern Ontario's Federal Economic Development Agency, was also on hand this afternoon to announce $2 million in design and engineering support for the project. The cash is intended to kick-start the project as part of the economic action plan.

The Toronto-based bakery expects to break ground on the factory in June and hopes to be partially operational in 2011. It will be fully operational in 2012.

Canada Bread will become the first tenant in the North Glanbrook Industrial Park, a 680-acre patch of land at the south end of Hamilton that has become one of the linchpins of the city's economic development plans. This is the first major deal for the park since 2005, when plans to open a $250-million Maple Leaf plant fell through amid great controversy.

In January, Canada Bread announced the closure of its three aging bakery operations in Toronto to consolidate its operations under one roof in the Greater Toronto and Hamilton Area.

Hamilton already has a Canada Bread bakery operation, on Nebo Road. More than 90 employees work there.

Canada Bread Company Ltd. is 89.8 per cent owned by Maple Leaf Foods Inc. It employs 8,500 employees in North America and the United Kingdom.

SteelTown Feb 18, 2010 12:12 PM

Bakery brings 300 jobs, feeds tax base

February 18, 2010
Emma Reilly
The Hamilton Spectator
http://www.thespec.com/News/Local/article/723871

A multimillion-dollar megabakery that will employ 300 people is coming to Hamilton.

Canada Bread announced yesterday it is building a $100-million, 375,000-square-foot bakery in the city's industrial park in Glanbrook.

The deal will create 300 permanent jobs, as well as an additional 120 spots during construction and 31 seasonal positions. It will also generate $1.1 million to $1.5 million in taxes annually and $2.5 million in development charges.

Mayor Fred Eisenberger made the announcement yesterday afternoon with MPs Dean Allison, David Sweet and Gary Goodyear, minister of state for science and technology, whose portfolio includes southern Ontario's Federal Economic Development Agency. Goodyear was on hand to announce a $2-million injection into the project for design and engineering support as part of the government's economic action plan.

Hamilton approached Canada Bread in December after the company announced it was looking for a new home in a municipality west of the GTA. The deal progressed quickly once Hamilton threw its hat into the ring, said Tim McCabe, general manager of planning and economic development.

"We had our first meeting in January and we wrapped the deal up a week last Monday," McCabe said.

Council unanimously approved the land sale at a special closed-door meeting just before the announcement. It was the first some councillors had heard of the plan.

Hamilton was chosen from among several municipalities because of its Golden Horseshoe location, its skilled workforce and the park's proximity to major highways.

Ian MacPherson, Canada Bread's vice-president of human resources, also said the company is familiar with the city as it operates two other factories here, on Nebo Road and in Stoney Creek.

"The choice to locate in Hamilton -- well, quite frankly, it was easy for us," MacPherson said.

The bakery will produce white and brown bread, rolls and tortillas, mostly Dempster's brand, on seven production lines. The first line will open next year, with all seven fully operational by 2012.

The company will close its three aging bakery operations in Toronto to consolidate its operations under one roof in Hamilton. The 500 employees at those plants will be offered spots in the Hamilton facility first. The remaining jobs are expected to be filled by local residents. The average income will fall between $45,000 and $65,000.

Canada Bread will become the first business in the North Glanbrook Industrial Park, which, now that it has its first tenant, will be renamed the Red Hill Business Park.

The 25-acre patch of land purchased from the city by Canada Bread is in the same spot its parent company Maple Leaf pursued back in 2005, though that deal was for 55 acres. Maple Leaf walked away from its proposal for a $250-million pork plant after seeing a lack of political and community support.

The cost of the land deal was not disclosed.

Eisenberger said he doesn't expect the same type of community opposition this time around.

"That was then, this is now," said Eisenberger. "We've developed a great relationship with this company, and it's all worked out very spectacularly."

The city now hopes the Red Hill Business Park will become a hub for food production. Canada Bread has already told the city their suppliers will be interested in locations close to the bakery.

markbarbera Feb 18, 2010 8:49 PM

From the city's perspective, this is great news as far as getting a new tenant for the Red Hill Business Park. It's good to see the area starting to be purposed as was originally intended. And the new corporate tax revenue stream into the city coffers will be welcome.

From a broader perspective, this isn't really a feel-good job creation story. Sure, there will be 300 jobs located here, but the three plants that this will be replacing currently employ 500, so we are really looking at a net job loss of 200 positions. Since the 500 losing their jobs will get first crack at the positions at the new plant, it remains to be seen how many (if any) of the 300 positions will be filled by locals.

SteelTown Feb 18, 2010 11:51 PM

We're going to see a lot more consolidation in the future. Consolidation of the Canadian Blood Service will come soon.

SteelTown Feb 26, 2010 2:46 PM

Tire recycling plant planned for Hamilton

February 26, 2010
Steve Arnold
The Hamilton Spectator
http://www.thespec.com/News/Business/article/728692

Hamilton could become the tire recycling capital of Canada under a plan unveiled by a pair of local entrepreneurs.

Len Lottridge and Mike DiCenzo are planning a tire retreading and recycling plant to be located on Hamilton Port Authority land that, when it's fully in operation, could bring as many as 500 jobs.

"Nothing is in place yet, but this is a very labour-intensive industry so there's the potential for a lot of jobs here," Lottridge said in an interview. "We're talking about a substantial investment here."

The men estimate they could recycle up to 1.2 million scrap tires a year.

Under the name Evergreen Resource Recovery, Lottridge and DiCenzo are proposing a company that would retread tires that still have some road life left and chop up and recycle those that can be used for products such as blasting mats and Astro Turf. The rest will be put through a process called pyrolysis that uses intense heat to break each ton of tires down into about $650 worth of oil, carbon black and other products.

The process, they say, could generate gross profits of almost $370 per ton.

"It's a very basic system," Lottridge said. "We can break it right down to the original materials."

Under the deal, Lottridge's retreading company, T&T T&T Corp., will supply the equipment for the retreading operation while Ukraine-based Coral Group provides pyrolysis technology.

Pyrolysis itself is not new -- what the Ukrainians have added is a cutting machine to chop the tires into uniform squares, making the process more efficient.

If it works, it promises a chance to make some progress on a pressing environmental problem. In Ontario alone, the provincial government estimates up to 12 million tires are disposed of every year. About four million are shipped to companies in Quebec and the U.S. for processing, another six million are recycled by Ontario firms and the rest end up in one of about 95 enormous stockpiles around the province.

"Until now, it has been very costly to get the basic rubber out of an old tire," Lottridge said. "It's not necessarily cost-effective, it's something people have done for the environment."

DiCenzo, who spent 25 years as a combustion engineer at Stelco before getting into the tire business, said the rising cost of new tires, and government levies on them, are making retreads more attractive to consumers. "The timing works for something like this now," he said. "Now we can sell as many retreads and we can produce."

DiCenzo said the total investment for the proposal will be in the range of $160 million, to be raised through investors and government grants.

"We're just waiting for a commitment on the federal funding support now," he said.

The proposed plant would be located on Port Authority land at 450 Sherman Ave. N. Hamilton Port Authority spokesperson Brent Kinnaird said in an e-mail response the HPA is talking with Evergreen but a lease has not been signed.

SteelTown Jul 24, 2010 2:41 PM

'No strings attached'
Battaglia new to telecom market

July 24, 2010
Steve Buist
The Hamilton Spectator
http://www.thespec.com/News/Business/article/813193

Property developer, airport operator, even part-owner of the Hamilton Bulldogs hockey team at one time.

Now, Tony Battaglia hopes to conquer the rapidly evolving world of telecommunications.

Battaglia is the president and CEO of a small, Hamilton-based phone company called talkit.ca, which is offering a full year of home telephone service for $59.99, including unlimited long-distance calling across Canada.

"I knew nothing about the airport industry and I learned pretty quick," said Battaglia, the founder and former chair of TradePort, the company that operates Hamilton's airport.

"Now we're teaching him the phone business," chuckled Victor Rossetani, founder of talkit.ca and the company's vice-president of sales and marketing.

"Business is business," Battaglia added simply. "I bring my strengths to the table.

"I'm more of a business manager and my partners certainly know the phone industry very, very well and the technology side of it. It's a good team and we expect great things in the future."

Talkit.ca is one of a growing number of Canadian companies offering telephone service through the Internet, using so-called VoIP technology -- Voice over Internet Protocol.

The company, with downtown headquarters on Main Street West, currently has nine employees and about 2,000 subscribers.

Without the need to establish expensive infrastructure, VoIP phone service providers typically offer subscribers a cheaper alternative with a larger range of add-on features than the traditional phone companies such as Bell.

Subscribers to talkit.ca purchase an adapter that connects to an Internet modem, with a spot for a regular phone to be plugged in.

In addition to unlimited Canada-wide calling for an annual fee of $59.99, subscribers receive free features such as call waiting, call forwarding, three-way calling, caller ID and a feature that allows voice-mail messages to be transferred as e-mail.

The adapter actually has two telephone jack spots, so subscribers who run a home business, for example, can purchase a second line for another $59.99 per year.

Battaglia said some subscribers have bought a second adapter and sent it to relatives in another country.

"Now they can both have a Canadian phone number and call each other all they want for free," he said.

All of this sounds too good to be true, he's told.

"We get that an awful lot, but it is absolutely true," said Battaglia. "In fact, you'll see our catchphrase below the logo is 'No strings attached.'

"There are no strings attached," he said. "It is what it is.

"We're offering it at a very low rate because we want to grow market share. We can do it at that price because we don't have a huge infrastructure like a lot of the other telephone providers do."

There are skeptics, however, including Jon Arnold, a Toronto-based telecom and VoIP expert who wondered aloud how talkit.ca can offer unlimited Canada-wide calling with so many features for such a low price.

"The problem is when you come in so cheap, there's nowhere to go but up," said Arnold. "There's no upside to coming into the market so cheap, and there's no need to because nobody prices it that cheap."

Arnold called it a "desperate strategy."

"Customer acquisition costs are what keep companies like this out of the marketplace," said Arnold. "It's just too hard to score people off other carriers.

"This isn't about generating new subscribers for phone users, it's about stealing them from somebody else."

bigguy1231 Jul 24, 2010 7:48 PM

It's kind of a misleading story. You may only have to pay $59.99 per year but you still have to have a high speed internet connection. It would be cheaper to get a Majic jack at only $30 per year plus the internet.

matt602 Jul 25, 2010 5:18 PM

He should go back to owning large abandoned hotels.

markbarbera Oct 5, 2010 5:17 PM

This news item hasn't popped up on any media , until Corus radio stations picked up the story today, posted on their websites:

Quote:

New nuclear centre will be built in Hamilton
Jay McQueen
10/5/2010


Ground will be broken today on a nuclear centre of excellence in Hamilton.

The facility will be built on Dartnall Road and will serve the Canadian and global nuclear industry.

Emerson Instrument and Valve Services's 22-hundred square meter operation will produce high quality valves and control equipment for the nuclear industry.

Dr. Neil Alexander -- the President of the Organization of CANDU Industries says this is a great example of investment coming into Hamilton to drive us forward into the future.

He also says it will create new jobs and new opportunity.

http://www.900chml.com/Channels/Reg/...spx?ID=1289466
Nice to see another new business moving into the Red Hill Business Park.

Jon Dalton Oct 5, 2010 6:38 PM

That is pretty awesome. We need a lot more of those specialized manufacturing industries. Good news for Hamilton's tax base.

Now if only the area had public transit that at least, well, existed, I'd be lining up for a job.

markbarbera Oct 5, 2010 7:01 PM

Quote:

Originally Posted by Jon Dalton (Post 5005288)
Now if only the area had public transit that at least, well, existed, I'd be lining up for a job.

The HSR does seriously underserve the mountain, but there are two routes that serve the site: 22 Upper Ottawa and 43 Stone Church.

Hopefully this city will one day realize reliable HSR service needs to be city-wide and will put a couple more buses on the mountain.

Car-wise, it's a breeze to get here via the LINC/RHVP.

Jon Dalton Oct 5, 2010 10:16 PM

Well here's hoping some form of higher order transit finds its way to that business park in the next millenium if that's where the jobs are going to be. T-line, the very last of the BLAST? There's something wrong with the picture if I have to commute longer to work within my own city than outside of it.

BrianE Oct 6, 2010 2:40 PM

Isn't this company moving from their offices on Depew St?

They are expanding tho, so it's just not a shuffling around of jobs.

SteelTown Nov 9, 2010 6:13 PM

New Solar Panel Assembly Plant To Be Built In Hamilton
Joint Venture With Chinese Company Creating Up To 300 Jobs

http://www.news.ontario.ca/opo/en/20...-hamilton.html
November 9, 2010 12:45 PM

An Ontario company is forming a joint venture with a Chinese partner that will create up to 300 jobs at a solar panel assembly plant in Hamilton.

JNE Consulting and Chinese-based Daqo Group Co. Ltd., are building the $5 million project, expected to be completed within two years. JNE signed the agreement during its recent visit to China as part of an Ontario trade mission featuring companies in construction and engineering.

The Green Energy Act is making Ontario a world leader in the clean energy industry, helping to attract investment, create jobs and clean the air we breathe. In recent months, Ontario has attracted over $1 billion in private sector investment and created more than 1,400 construction jobs through clean energy investments.

Attracting clean energy manufacturing plants is part of the McGuinty government's Open Ontario Plan to build a clean energy economy that creates jobs and protects our environment.

Jon Dalton Nov 9, 2010 6:40 PM

Awesome! Hello, jobs!

Now here's crossing my fingers that they'll build it somewhere bike or transit accessible.

markbarbera Nov 9, 2010 9:03 PM

from the stoneycreeknews.com:

Quote:

Hamilton is getting about 300 clean technology jobs in a $5 million deal with a Chinese company.

Ontario Premier Dalton McGuinty announced the joint venture deal Nov. 9 between the Hamilton based JNE Consulting and the Chinese Dago Group Co. Ltd that is expected to be completed by 2012.

“We are talking about 300 jobs in the exciting new Ontario clean tech industry,” said McGuinty at JNE Consulting’s office on Shaw Street in Hamilton’s north end. “It means 300 moms and dads who will have these jobs will be able to look their kids in the eye with hope and optimism.”

The project, forged by JNE Consulting in a trade mission to China four years ago, could include manufacturing jobs in Stoney Creek. JNE Consulting is part of the Joe Ng Group of Companies that employ up to 400 people in 20 countries. It maintains offices in Hamilton, U.S. and China.
And from the press release:

Quote:

"JNE Consulting is delighted to announce this joint venture with China's Daqo Group Co. Ltd. With its skilled workforce and excellent transportation links, Hamilton is the perfect location for this project, supported by Ontario's forward-looking approach to becoming a North American green energy leader."

– Joe Ng
President of JNE Consulting Ltd.

It appears that the Spec is oblivious to the Premier being in town to make the announcement. More than three hours after the announcement, still nothing on their site.

matt602 Nov 9, 2010 10:07 PM

I was expecting the location to be a greenfield in Glanbrook. I am shocked they actually picked an inner city site. Awesome news.

edit: after reading more thoroughly, thats just where the press conference was held. I hold my optimism.

markbarbera Nov 9, 2010 11:31 PM

JNE Consulting's office is on Shaw Street. The release reads that the new jobs would be at a new plant in Stoney Creek. Be it in a brownfield or a greenfield it's still a 5mil facility being added to Hamilton's commercial industry, bringing 300 decent jobs in an emerging field with high growth potential. I say bring it on.

Jon Dalton Nov 10, 2010 2:21 AM

Where does it say that? Stoney Creek is useless to me but still, good news.

emge Nov 10, 2010 3:19 AM

depends where in Stoney Creek, but i hope it is somewhat bike or transit accessible.

mattgrande Nov 10, 2010 3:50 PM

CHML didn't say anything more specific than East Hamilton.

Furthermore, why the hell do I keep listening to CHML? It just angers up the blood.

Jon Dalton Nov 10, 2010 8:25 PM

If it was somewhere near the new GO station that might be sort of okay.

markbarbera Nov 10, 2010 8:50 PM

Quote:

Originally Posted by Jon Dalton (Post 5049524)
Where does it say that? Stoney Creek is useless to me but still, good news.

http://www.hamiltonmountainnews.com/news/article/223526

Quote:

The project, forged by JNE Consulting in a trade mission to China four years ago, could include manufacturing jobs in Stoney Creek.

...

Jon Dalton Nov 11, 2010 7:29 PM

could. So there's hope, I'll keep my fingers crossed!

SteelTown Apr 12, 2011 4:56 PM

Bus builder New Flyer to open parts distribution centre in southern Ontario

http://www.winnipegfreepress.com/bus...119692904.html

WINNIPEG - Bus builder New Flyer Industries Inc. (TSX:NFI.UN) announced Tuesday that it plans to open a parts distribution centre in southern Ontario later this year.

No details were immediately available on the number of people who will be employed at the distribution centre, which the company said would be established in the "Greater Toronto and Hamilton area."

"We have been expanding our aftermarket service model and with a number of customers in this region asking us to provide local support, opening an Ontario PDC is the next logical step in executing our strategy," president and CEO Paul Soubry said in a release.

There are currently more than 9,300 transit buses operated by over 65 transit agencies within a 300-kilometre radius of the two cities, of which nearly a third were manufactured by New Flyer, added Hans Peper, the executive vice-president, customer services.

"Establishing a PDC in the region is expected to improve New Flyer's response time for service parts, enhance parts availability and fill rates, and to enable the company to better support its customers in the areas of supply and inventory services."

The decision to establish the Ontario parts centre follows on the successful launch a customer service and overhaul centre in Arnprior, Ont., last year, the company said.

Some inventory from Winnipeg will be redistributed to the Ontario PDC to be closer to New Flyer's customer base in the region.

It currently has parts centres in Winnipeg, Erlanger, Ky. and Fresno, Calif..

With more than 2,000 employees, the company manufactures heavy-duty transit buses in Canada and the United States, with manufacturing facilities in Winnipeg and St. Cloud and Crookston, Min..

Its units were down 11 cents at $10.34 Tuesday morning on the Toronto Stock Exchange.

thistleclub Apr 14, 2011 1:26 PM

CBoC: Canada’s Economic Growth Weakens As Attractiveness To Foreign Investment Drops

Ottawa, April 14, 2011 – Canada is still attracting slightly more than its “fair” share of global foreign direct investment (FDI), but its share has dropped significantly in recent decades. Poor results in attracting inward FDI is one of the reasons for Canada’s weak labour productivity growth and its slipping economic performance, according to the Conference Board’s latest release of its How Canada Performs series.

“For some time now, the Conference Board has argued that one of the causes of Canada’s slipping economic performance relative to both peers and emerging economies is insufficient inward FDI,” said Louis Theriault, Director, International Trade and Investment Centre. “Canada is caught in a paradox. It needs to attract more FDI as a means of improving labour productivity. Yet, the evidence suggests Canada’s low labour productivity lessens its attractiveness as an FDI destination.

“The low Canadian dollar helped to maintain our international competitiveness, in spite of weak productivity growth. Now that the loonie is at par with the U.S. dollar, Canada needs investment to make its firms more productive. FDI benefits Canada by bringing investment, technology and innovative practices into the country.”

The Conference Board’s How Canada Performs benchmarking analysis assesses whether Canada is attracting its “fair” share of inward FDI. Canada’s inward FDI performance index – which compares Canada’s share of global FDI relative to its share of global GDP – is still greater than one. This means that the country is still attracting more inward FDI than its economic size would warrant.

Canada’s share of global inward FDI flows, however, dropped to three per cent in 2009, from 16 per cent in 1970. In comparison, the U.S. share rose from eight per cent in 1970 to 29 per cent in 1986, before falling to 12 per cent in 2009. China’s share of global inward FDI flows grew from almost zero in 1970 to 11 per cent in 2009. India’s share increased as well, but not nearly as spectacularly as did that of China.

The Conference Board’s How Canada Performs analysis found a positive relationship between inward FDI stock as a share of GDP and labour productivity among 17 countries assessed. In 1980, Canada had the second-highest share of inward FDI stock relative to GDP. In 2009, however, Canada ranked 10th among the 17 countries on inward FDI stock as a share of GDP.

SteelTown May 13, 2011 12:36 AM

Two new animation companies are relocating to Hamilton, Pipeline Studios (222 Main St West) and Chuck Gammage Animation (James St N).

http://www.pipelinestudios.com/PSi_REEL.html

LikeHamilton May 13, 2011 2:03 AM

This was announced at the Hamilton Economic Summit today. Pipeline Studios @ 222 Main St West is the building on the corner of Queen and Main that was newly renovated. They are bringing about 100 animators to Hamilton. Both they and Chuck Gammage Animation moving into 118-124 James Street North are coming here because of the new art scene on James and Hess Village. They apparently love the atmosphere and the vibe of the two neighbourhoods.

LikeHamilton May 13, 2011 4:22 AM

On CHCH tonight, a Toronto company has bought the Crazy Horse Salon building on John Street South behind the Connaught Hotel. They are going to renovated it into an office building called the “Royal Court Offices”. They stated that they could not believe how cheap buildings in Hamilton where.

mattgrande May 13, 2011 12:37 PM

Quote:

Originally Posted by LikeHamilton (Post 5276153)
On CHCH tonight, a Toronto company has bought the Crazy Horse Salon building on John Street South behind the Connaught Hotel. They are going to renovated it into an office building called the “Royal Court Offices”. They stated that they could not believe how cheap buildings in Hamilton where.

Thank god! That block of John between King & Main may be the saddest block in Hamilton.

thistleclub Aug 30, 2011 4:08 PM

Canada Bread, reportedly the largest bakery in Canada, has its ribbon-cutting on the morning of Sept 28. Nebo/20.

realcity Aug 30, 2011 5:08 PM

That's good. it gives EcDev another two year expansion on their PR. They've been milking the Canada Bread story for two years now, so why not use it for another 2 in promotional materials.

Skully2001 Aug 30, 2011 6:07 PM

Quote:

Originally Posted by LikeHamilton (Post 5276153)
On CHCH tonight, a Toronto company has bought the Crazy Horse Salon building on John Street South behind the Connaught Hotel. They are going to renovated it into an office building called the “Royal Court Offices”. They stated that they could not believe how cheap buildings in Hamilton where.

Have they started site preparation on this project yet?? Or anything at all that might indicate that this is actually going to get built? lol...

realcity Aug 30, 2011 6:33 PM

How about that block of John between King William and Wilson?

matt602 Aug 30, 2011 9:53 PM

Quote:

Originally Posted by Skully2001 (Post 5395523)
Have they started site preparation on this project yet?? Or anything at all that might indicate that this is actually going to get built? lol...

They tore up a few walls on the inside and locked the place up good, that's about it. There hasn't been any obvious activity on the building in at least the past one or two months.

Quote:

Originally Posted by realcity (Post 5395563)
How about that block of John between King William and Wilson?

I think the East side of that block is to be made into that "urban park" thing. Not much room for development on the West side as it is already Fire Hall/Horizon Utilities. I would like to see that abandoned corner building renovated though.

SteelTown Jan 10, 2012 12:27 AM

http://www.thespec.com/news/business...-business-park

markbarbera Jan 25, 2012 8:28 PM

Not to mention there will soon be one at Upper Sherman and Mohawk too. Apparently Walmart feels there's lots of room for expansion in the Hamilton market.

SteelTown Jun 18, 2014 1:18 PM

Well I suppose this is considered new business development...

17 medical marijuana producers want to set up in Hamilton

http://www.cbc.ca/news/canada/hamilt...lton-1.2679016

There are 17 medical marijuana producers lining up to locate in Hamilton, but the city still doesn’t know where the facilities will go and how large they should be.

The city has received 17 letters of intent from potential pot producers who have applied to Health Canada under new rules that open the door to new production facilities.

But on Tuesday, the city’s planning committee still couldn’t decide what kind of size restriction to put on them in rural areas – one of the only powers the city has.

Nine of the applications are for plants in urban areas. Of those, four are in commercial zones, so they won’t be approved, said Ed VanderWindt, director of building services.

On Tuesday, the planning committee voted that when plants locate in urban areas — preferably brownfield sites — there’s no limit on how large they can be. The only stipulation is that the plants must be on lands zoned industrial or business park.

LikeHamilton Jun 18, 2014 1:43 PM

Plant Products moves to Ancaster


A Leamington-based company has moved one of its distribution centres to Ancaster industrial park from Brampton to be closer to its customers.

Gordon Jahn, a spokesperson, said Plant Products was purchased by MGS of Leamington about a year ago, but the company decided to retain its brand name.

Plant Products primarily serves the horticultural industry, golf courses and lawn care companies with fertilizers, pest control products and seeds. It has 30 employees at the Ancaster office where it relocated last December.

"This location works out extremely well," said Jahn. "We're not in gridlock in Toronto, but we're close enough to go there if need be. But the main thing is that we are so close to the greenhouse industry in Niagara and near all the highways to reach other parts of Ontario."

The company is projecting about 6 to 7 per cent growth this year as a whole, he said.

Plant Products is hosting an open house for customers at the end of June.


The Hamilton Spectator

ScreamingViking Jun 18, 2014 1:50 PM

Quote:

Originally Posted by SteelTown (Post 6622787)
Well I suppose this is considered new business development...

17 medical marijuana producers want to set up in Hamilton

Forget art. Pot is the new steel. ;)

HillStreetBlues Jun 18, 2014 6:04 PM

Quote:

Originally Posted by SteelTown (Post 6622787)
Well I suppose this is considered new business development...

Hey, their money is at least as green as anyone else’s.

interr0bangr Jul 24, 2015 1:26 PM

Storefront on James North transforming into business accelerator

http://www.thespec.com/news-story/57...s-accelerator/

Seems like a collaboration between McMaster and Mohawk.

Jon Dalton Jul 24, 2015 7:36 PM

That actually kind of pisses me off all the government funded projects taking over storefronts. They pay the premium rents with grant money and help tighten supply and drive up prices for regular businesses.

We have this plus the new Mac offices just up the street from their whole section of Jackson Square plus that new thing going in in the former Cabral gift shop. These are all good things but couldn't they just as easily go into say an empty floor of the Stelco Tower?

NortheastWind Jul 25, 2015 2:26 AM

Quote:

Originally Posted by Jon Dalton (Post 7106589)
That actually kind of pisses me off all the government funded projects taking over storefronts. They pay the premium rents with grant money and help tighten supply and drive up prices for regular businesses.

We have this plus the new Mac offices just up the street from their whole section of Jackson Square plus that new thing going in in the former Cabral gift shop. These are all good things but couldn't they just as easily go into say an empty floor of the Stelco Tower?

Regardless of all the buzz around James Street north, it it is still not the nicest street, yet. Every bit counts, so I welcome the addition.

drpgq Jul 25, 2015 3:06 PM

I think it is interesting that the Forge wants to have a spot in a more urban environment. They've already have space in the Innovation Park, but it seems in terms of where startups want offices has really moved away from the isolated campus model that the Innovation Park basically follows (although it really isn't that isolated, there's not a lot of restaurants within five minutes of walking distance).

ScreamingViking Jul 25, 2015 4:29 PM

Quote:

Originally Posted by drpgq (Post 7107260)
I think it is interesting that the Forge wants to have a spot in a more urban environment. They've already have space in the Innovation Park, but it seems in terms of where startups want offices has really moved away from the isolated campus model that the Innovation Park basically follows (although it really isn't that isolated, there's not a lot of restaurants within five minutes of walking distance).

It really depends on what kind of company it is. Software/information-tech businesses that this is meant to serve don't generally have large space requirements and the opportunities to connect with other businesses and software developers are most important -- so they can thrive in a centre-city location where those connections can be more easily made (and there is access to intercity transit that allows better connectivity to other places). This location will also give Forge the best access to the market of entrepreneurs it aims to assist. The other urban amenities nearby are a plus too.

For start-ups that have more of an engineering/manufacturing focus the MIP makes more sense, as they'd have the space to develop their technology products and access to the labs and technical expertise already on site (or just down the road at Mac's main campus).

DavefromSt.Vital Feb 19, 2016 4:44 AM

The Starwood hotel directory now includes reference to a Four Points opening in Stoney Creek in July 2017.

Does anyone have any information on this?


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