Samsung to bring 200 long-term manufacturing jobs to London, Ont.

Thursday September 15, 2011
Written by Manufacturing AUTOMATION
Samsung Renewable Energy Inc. has selected London, Ont., as the site for a new manufacturing facility that will produce state-of-the-art solar modules for use in Ontario and for export around the world. It is expected the new factory will employ 200 direct, long-term manufacturing positions. An additional 120 indirect jobs are expected to be created, as well. Once realized, the plant will fulfill Samsung's manufacturing commitment under its Green Energy Investment Act (GEIA) agreement with the Government of Ontario.

Under the terms of the GEIA, Samsung and its partners will invest $7 billion in new investment in Ontario to create 16,000 jobs, kick-start a new industry in Ontario and generate 2,500 megawatts of clean energy — enough to power 600,000 Ontario homes.

"We are moving forward aggressively to fulfill our commitment to induce new green manufacturing in Ontario, to help us build the world's largest cluster of wind and solar power, putting Ontario on the global clean energy map," said Cheol-Woo Lee, senior executive vice-president with Samsung C&T Corp. "Because of Samsung's agreement with the province of Ontario, we are moving forward to create real jobs and real clean energy in Ontario, for generations to come."

Samsung and its partners are constructing four manufacturing facilities to produce wind towers (Windsor) and blades (Tillsonburg), as well as solar modules (London) and inverters (Toronto) for their projects in Ontario. These facilities will also export Ontario-made products around the world.

www.samsungrenewableenergy.com

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