Nestlé Canada To Expand And Create Jobs
McGuinty Government Helping Eastern Ontario Strengthen Key Sector
Ontario is helping Nestlé Canada improve production, create jobs and strengthen the highly established local food industry sector in eastern Ontario.
Nestlé Canada is investing over $14.6 million to purchase and install new equipment along with food safety items needed for the equipment. The project will streamline operations, reduce the company's environmental impact and ensure that food safety remains the top priority.
The province is investing $1.5 million, which will help create 13 new jobs and retain 298 existing positions. This investment supports the province's new, five-year Open Ontario Plan to strengthen the economy and create more jobs.
- Nestlé Canada Inc. employs approximately 3,500 people in 21 manufacturing, sales and distributions sites across Canada.
- To date, the Eastern Ontario Development Fund has committed over $20.3 million to 43 announced projects representing a total project investment of $137.5 million and the creation of 491 new jobs.
- In 2008, eastern Ontario's gross domestic product was approximately $66 billion, representing 12 per cent of the provincial total.
- As a result of business tax cuts and the move to a harmonized sales tax, the tax on business investment in Ontario is being cut in half, making Ontario businesses more competitive.
“Ontario is proud to support Nestlé's latest investment. This project will help ensure the long-term viability of this facility, and help to secure Eastern Ontario's position as a leader in the food processing industry.”
“We are very excited about the future of the Nestlé Professional business and Nestlé Trenton Factory. This funding will help us to streamline our operations, reduce our environmental impact and support food safety as our top priority.”