[markbarbera]

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.