St. Thomas, Ont., is looking to attract the next major industrial employer after acquiring a large piece of property near the northeast section of the city.
The more than 350 hectares (800 acres) of land is primarily surrounded by Highbury Avenue South, Yarmouth Centre Road and Ron Mc Neil Line.
This site was bought by city officials for strategic economic development as talks about another electric vehicle battery manufacturing plant in Ontario gain momentum.
“I’m thrilled that we’ve been able to get to this point where we can now openly welcome potential investors to our community to not only see a site that we are proud to promote, but to learn about all of the other advantages that St. Thomas and Elgin County have to offer,” said St. Thomas Mayor Joe Preston.
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“We’ve accumulated a large piece of property in order to put a large employer with good-paying jobs on it.”
Preston mentioned there has already been increasing interest in the property, which is just a short drive from highways 401 and 402.
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“This investment in our future will be key to furthering economic growth in our community,” Preston added.
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Last year, e-commerce giant Amazon began its renovation project at the former Ford plant on Colonel Talbot Road, just south of Highway 401.
Sean Dyke, CEO of St. Thomas Economic Development, stated it’s not just a win; it’s also reassuring that new long-term investments and job opportunities are on their way for this growing community.
“More often than not, companies are looking to have shovels in the ground for large investments in months rather than years,” said Dyke. “I am exceptionally pleased that the city has chosen this strategic path forward to encourage long-term success and economic sustainability that will benefit not only St. Thomas but also the entire region.”
Preston told that they are “in a market that is all of North America and perhaps even worldwide when looking for a manufacturer this size.”
“But we’re ready,” said Preston.
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For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. “We’re certainly looking for, first of all, an employer with a lot of jobs,” said Preston. “Also, one that is a good-paying employer with high wages. There’s lots of those out there, looking for sites that are ready to build on. We’ve heard two or three recently in Ontario, and St. Thomas is not only open for business; we’re ready for business.” In March, Windsor, Ont., secured Canada’s first large electric vehicle battery plant as Stellantis and South Korean manufacturer LG Energy Solution announced their plans. The $5-billion investment into the 420,000-square-metre facility is expected to create around 2,500 jobs by 2025. According to Preston, the newly acquired land in St. Thomas ranks among the largest “shovel-ready” industrial properties in Ontario. According to St. Thomas Mayor Joe Preston, the newly purchased land in the city is now one of the largest ‘shovel-ready’ industrial properties in Ontario. Amy Simon/ London Trending Now
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“This investment in our future will be key to furthering economic growth in our community,” Preston added.
Story continues below
Last year, e-commerce giant Amazon began its renovation project at the former Ford plant on Colonel Talbot Road, just south of Highway 401.
Sean Dyke, CEO of St. Thomas Economic Development, stated it’s not just a win; it’s also reassuring that new long-term investments and job opportunities are on their way for this growing community.
“More often than not, companies are looking to have shovels in the ground for large investments in months rather than years,” said Dyke. “I am exceptionally pleased that the city has chosen this strategic path forward to encourage long-term success and economic sustainability that will benefit not only St. Thomas but also the entire region.”
Preston told that they are “in a market that is all of North America and perhaps even worldwide when looking for a manufacturer this size.”
“But we’re ready,” said Preston.
More on Canada More videos
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