Shell Ontario, profit Canada rises partnerson with higherGE US oil and gas prices
Ontario, Canada is partnering with GE Canada by providing a grant of US$20.5 million for new GE Brilliant Factory. Expected to begin production in early 2018, the facility will produce energy-efficient engines and other components that are used all over the world.
The Welland plant will be among the most advanced in GE’s global operations, and the first of its kind in Canada. The plant’s machinery and assembly equipment will be fully integrated into a network of control systems, sensors and software.
Kathleen Wynne, Premier of Ontario, said, “GE’s decision to invest in Welland sends a clear message that our province has a lot to offer. Our government will continue to strengthen On- tario’s reputation as a great place to invest, so we can bring more jobs and growth to communities across our province.”
“This government’s top priority is to grow the economy and create jobs. We have a plan to make Ontario the best place in the world to do business and investments like this one from GE serve to show just how much confidence the private sector has in that plan. I am so pleased that GE has chosen to make its significant investment here,” Brad Duguid, Minister of Economic Development and Growth was quoted as saying.