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Hamilton Economic Development

Hamilton Highlights Newsletter – June 2016

In the June 2016 edition of Hamilton Highlights…

  • Nucor Steel Announces Hamilton Investment
  • Balzacs Coffee in Expansion Mode
  • Hamilton West Harbour Processing
  • LiON’S ALIR has their Companies

Click here to read the June 2016 Hamilton Highlights newsletter.  If you are interested in signing up for the Hamilton Highlights newsletter, click here.

Hamilton unveils its new waterfront Pier 7 boardwalk

Photo of the new Pier 7 and transient docking stationHamilton has launched its new boardwalk at Pier 7, Phase 1of a massive redevelopment of the West Harbour waterfront.

Hamilton-born residents Catherine Hammond and Donna Stewart both live at the Guise Street Co-op which overlooks the waterfront. Both pleased with they what they saw.

“It’s wonderful to see what’s happening; a rejuvenation of the North End,” said Hammond who also said the waterfront looked much different when she was growing up.

“We never came down here. It was a part of the city nobody wanted to visit or have a part of. It was known as the North End is a bad area. Now, people are fighting to get here and I’m glad to be part of it,” she said.

“I was born in the north-end,” Stewart told the Spectator at Monday’s press event. “I’m enjoying this beautiful structure they’ve done.”

The $3.8-million, 150-metre long, shoreline boardwalk features 12 docks for boaters, 14 new benches and six new lounge chairs for the public. Both the boardwalk and docking areas will be lit.

Visiting boaters can park for three hours from dawn to dusk, however, overnight docking is not allowed.

The project also includes new lighting, electrical and irrigation systems designed to support eight flower and tree beds.

“We’re just getting started,” said Ward 2 Councillor Jason Farr as he addressed the crowd which flocked to the area to explore the new space.

Mayor Fred Eisenberger agreed and called the project an “add on” to the development that will continue over the next decade.

“It gives residents another opportunity to enjoy the space as well as the boaters that come from far away places to visit … more business for Williams and more activity at the waterfront,” he said of the area he hopes to live in once the project is completed.

Eisenberger said the city has put aside about $40 million to help support additional servicing and upgrades in the future.

Redevelopment of Pier 7 and Pier 8 will continue over the next 10 years, with much of the public spaces and infrastructure to be completed by 2018.

The area will morph into a mixed-use space including new trails and parks, a residential and commercial village, a long linear 30-metre wide promenade, all with access to the waterfront.

“From the city standpoint, it’s like the front porch or the gateway to the City of Hamilton and downtown and we certainly can’t be prouder,” said Chris Phillips, senior adviser on the project.

Phase 1 of the project also included a new multi-million dollar floating breakwater structure. The all-steel construction is meant to protect the shoreline and a planned expansion of the marina docks for additional boats. Made off-site it was trucked in, assembled on-land and floated into place.

As part of the announcement the media was given a boat tour of the bay area. Phillips spoke about “enhancements” to Pier’s 4 and 5 as part of the redevelopment project which will happen in multiple phases.

The entire project is expected to be completed by 2026. The total price tag will be about $140 million.

Article courtesy of Kelly Noseworthy, The Hamilton Spectator

Ancaster Industrial Park: New steel company to employ 50

New manufacturing facilityHere’s a local steel industry headline that hasn’t been seen in awhile: Company invests in Hamilton.

Nucor Corporation, the largest steel producer in the United States, is doing just that, and the news had local politicians gushing with praise.

The company broke ground Friday morning for an expansion to its Vulcraft Canada Inc. plant in Ancaster. The new facility will mean 50 new jobs by the end of this year.

“I’m just delighted that this is happening today. This is a new operation that’s coming here because it believes in Hamilton and the people,” said Hamilton West-Ancaster-Dundas MP Filomena Tassi. “This is a day to celebrate because it’s steel-related.

“This is a great investment that will strengthen the Canadian economy and create jobs for Hamilton.”

Nucor’s Vulcraft unit makes steel joists (beams that support a floor or ceiling) and decks. It has been selling its products in Canada for years made with American steel, but Nucor president John Ferriola said it’s time to start manufacturing in Canada.

“… To really have a commitment to an area and to customers, you have to be located right there,” he said in an interview after the formal ceremony. “Now we’re here, we’re here to stay and we’re here to grow.”

Ferriola added the site was aided by two important local factors — highway access and a high-quality workforce.

“We have to have a workforce that works hard, has high integrity and understands the value of working as a team and the value of working safely,” he added. “We focused on all those issues and found them here.”

Unlike another U.S. steelmaker that came to Canada and is now plotting its exit from the country, Nucor plans to stay, said Farriola.

Since 2008, he said, Nucor has invested $6 billion in Canada and the United States.

“We did that during the worst steel cycle of my career because Nucor-Vulcraft Canada is here to stay. We don’t want out,” he said. “We are not afraid of investment. That’s more than any company I know of anywhere. We will invest as much as we need to show a commitment to this country.”

Farriola wouldn’t reveal the cost of the local investment. He did say, however, as much as half of the steel to be used at the new plant will be sourced in Canada and he hopes to be producing decks by the end of this year and joists by the middle of next year.

As for volume, he would only say, “We will produce as much as our customer will buy from us.”

Nucor produces 20 million tons of steel a year, covering the range of products from reinforcing bar at the low end to steel for exposed auto parts at the high end.

Neil Everson, Hamilton’s director of economic development, said getting Vulcraft into the Ancaster Industrial Park was not a difficult sell.

“They had their eyes on this part of the country for quite awhile,” he said. “I think all the ingredients were here. It kind of sold itself.”

Nucor employs 24,000 people in the United States and 3,000 in Canada.

Article courtesy of Steve Arnold, The Hamilton Spectator

Hamilton Highlights Newsletter – May 2016

In the May 2016 edition of Hamilton Highlights…

  • Digital Disruption
  • Lions Announced for 2016 LiON’S LAIR Competition
  • NOSH
  • Tweetstock Tickets Now on Sale
  • Try Hamilton Event Promotes Investment on Barton/Kenilworth

Click here to read the May 2016 Hamilton Highlights newsletter.  If you are interested in signing up for the Hamilton Highlights newsletter, click here.

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