The newest addition to Brampton’s world-class advanced manufacturing sector brings jobs and technology to the city, and builds momentum for new manufacturing investments.
Earlier today, Mayor Linda Jeffrey joined the Honourable Steven Del Duca, Minister of Economic Development and Growth, to announceAlstom’s new assembly facility for light rail vehicles (LRVs) and related components.
In May 2017, the Province announced a contract worth $528 million with Alstom to provide 61 vehicles for light rail transit (LRT) projects in the Greater Toronto and Hamilton Area (GTHA), with an option to acquire an additional 44 vehicles. This significant investment will create between 100 and 120 full-time jobs at the new facility and provide an opportunity for Brampton’s highly-skilled workforce to find high-paying local jobs. It will also lead to between 400 and 500 spinoff jobs across Peel and the GTHA.
City officials first met with Alstom in October 2017 and implemented a coordinated approach to client service, providing one conduit to municipal services for the business community.
Over 30 per cent of Brampton’s economic output is generated by the Advanced Manufacturing sector. With a highly diversified economy, a steady flow of well-educated, skilled labour and a strategic position in the country, Brampton’s advanced manufacturing sector is a world class powerhouse of production as it is the city’s largest industry by employment, accounting for almost a quarter of Brampton’s workforce.
As a promoter of sustainable mobility, Alstom develops and markets systems, equipment and services for the transport sector. Headquartered in France, Alstom is present in over 60 countries and employs 32,800 people.
Key Facts:
Brampton’s advanced manufacturing sector is Brampton’s largest employment sector with:
• Almost 900 companies covering the automotive, plastics, fabricated metal and other sub-sectors
• Over 35,000 employees
• An estimated contribution of $4 Billion to our national GDP
Quotes:
“Brampton is on track to become a global leader in technology and innovation. We have a highly-skilled professional workforce living here and the addition of Alstom to our business community provides another opportunity for those residents to work in our own city.”
– Mayor Linda Jeffrey
“Investments by global companies like Alstom increase the city’s reputation as a global player in the advanced manufacturing sector. It also provides high-paying job opportunities and enhances the potential for future investment in Brampton.”
– Jeff Bowman, Chair, Economic Development Committee
“Attracting new businesses in the advanced manufacturing sector is a key area of growth for the City of Brampton. I want to thank Alstom officials for their professionalism and dedication in our combined efforts to bring this facility to Brampton. Working with Alstom has involved various City departments and our coordinated approach has allowed this to move forward quickly and effectively.”
– Bob Darling, Director, Economic Development and Culture
For more information, please visitwww.alstom.com.