Korean Companies to Anchor Ontario's Green Economy
Location Canada 2010
The investment will also lead to more than 16,000 new green energy jobs to build, install, and operate the renewable generation projects. And, the Korean consortium will also work with major partners to attract four manufacturing plants. This will lead to the creation of 1,440 manufacturing and related jobs building wind and solar technology for use in Ontario and export across North America.
Additionally, the consortium fully intends to use Ontario-made steel in its renewable energy projects, such as constructing its wind turbine towers. This is the single-largest investment in renewable energy in provincial history. The consortium chose Ontario because the province's Green Energy Act guarantees stable rates for renewable energy.
Project Announcements
Groupe Touchette Expands Rosser, Manitoba, Operations
01/26/2024
Dana Canada Corporation Expands Oakville-Cambridge, Ontario, Canada, Operations
12/04/2023
E-One Moli Plans Maple Ridge, British Columbia, Manufacturing Operations
11/21/2023
Sweden-Based Northvolt Plans Quebec, Canada, Lithium Battery Gigafactory
10/02/2023
Martin Brower Plans Oshawa, Ontario, Canada, Distribution Hub
09/26/2023
Axium Packaging Plans Brampton, Ontario, Canada, Operations
09/05/2023
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Industry in the Era of the Electron
Q1 2024