Premier Tech invests over $18M to grow two Ontario facilities
February 9, 2022 By Greenhouse Canada
Premier Tech Home & Garden Inc. is investing more than $18 million in two of its Ontario facilities in St. Isidore and Brighton.
In St. Isidore, this investment is intended to develop a state-of-the-art facility that will become their largest production centre of soils, mixes, compost and ground covers in Canada.
In Brighton, the project will improve the company’s efficiency by bringing some previously sub-contracted production back in-house.
This amount is part of an overall investment by Premier Tech Home & Garden in Ontario, said to total $47 million over the next five years.
“Premier Tech is invested in the development of the regions in which it operates. The project we are announcing will not only modernize our plants to make them state-of-the-art facilities, but also confirms our desire to make a difference in the community by maintaining and creating new jobs,” said Martin Pelletier, President of Premier Tech Growers and Consumers.
This investment in Premier Tech’s Ontario facilities will create 52 new jobs. The company operates globally, with 47 manufacturing facilities across 28 countries and a total of 5,000 employees.
At the same time, the government of Ontario is investing $2.8 million in these two Premier Tech’s facilities through the Eastern Ontario Development Fund.
“This investment is helping one of the pillars of Northumberland’s manufacturing sector, bringing more well-paying jobs to our community,” said David Piccini, MPP for Northumberland—Peterborough South.
Ontario is investing more than $100 million through the Regional Development Program from 2019 to 2023 to support distinct regional priorities and challenges. The program provides cost-shared funding to businesses, municipalities and economic development organizations to help local communities attract investment, diversify their economies, and create jobs.
The Ontario government also recently launched the Advanced Manufacturing and Innovation Competitiveness (AMIC) stream of the Regional Development Program to help Ontario manufacturers invest in equipment, advanced technologies and a skilled workforce.
Source: Government of Ontario
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