TORONTO: Hamilton will be rolling in dough thanks to an agreement in principle with Canada Bread Co. Ltd. for a 25-acre property in the 480-acre North Glanbrook Industrial Park where the company plans to construct a new 375,000 square foot bakery facility.
An investment of $100 million in the world-class bakery, to be designed for LEED (Leadership in Energy and Environmental Design) certification, will create 300 fulltime and 31 seasonal jobs.
Toronto-based Canada Bread, a subsidiary of Maple Leaf Foods Inc., said construction is to begin in June with production beginning 12 months later. During the construction phase, up to 120 construction jobs will also be created.
The company already has a presence in Hamilton where it employs approximately 340 people at its Fresh Bakery and Olivieri pasta facilities.
In January, Canada bread announced it would be closing three Toronto bakeries and shift production to the new facility. The company said 435 jobs would be affected, but 300 of them would move to the new facility, with others possibly going to the company’s of 13 locations ion the Greater Toronto Area.
The Canadian government is making a $2 million repayable contribution to the project through the Southern Ontario Development Program.