St. Thomas was the recipient of another economic shot in the arm Thursday (Jan. 11) morning as announced by Filomena Tassi, the minister responsible for the Federal Economic Development Agency for Southern Ontario.
“I am pleased to announce that the Government of Canada is investing $2 million in Amino North America to expand its facility here by over 40,000 square feet and add a new manufacturing line to meet the demands for its automotive products across North America.”
The expansion at the Highbury Avenue plant will create and maintain 45 jobs, with construction already underway.
It’s another indicator of the re-industrialization of southwestern Ontario.
That was the observation from London North Centre MP Peter Fragiskatos.
Tag Archives: Amino North America
Ascent sale is finalized, and now ratepayers are waiting for financial disclosure
It was late Friday afternoon when the media release arrived announcing completion of Spark Power’s acquisition of Ascent Solutions Inc., a division of Ascent (formerly St. Thomas Energy).The pending sale was announced at the beginning of March and involves the Oakville, Ontario firm’s purchase of Tillsonburg-based Tiltran — acquired by Ascent in 2007 — and Belleville operation Tal Trees — acquired in 2009.
Both will operate as members of the Spark Power Group of Companies but function as autonomous, highly integrated operating teams, according to the release.
Tiltran and Tal Trees specialize in constructing and maintaining medium to high voltage substations and power lines, engineering services and equipment sales and offer 24/7 emergency response.
The combined businesses include 53 employees based in the two locations. Continue reading
Ian's City Scope 