| Pickering,
ON, February 27, 2008 - Yesterday morning at his
annual address to the Ajax-Pickering Board of Trade,
Mayor Dave Ryan announced to over 100 Board members
that international engineering powerhouse, Aker
Kvaerner ASA, will be relocating and expanding its
process technology company, Aker Kvaerner Chemetics,
from Toronto to Pickering.
This $17.7 million
investment will feature a brand new 90,000 square foot
state-of-the-art facility, with 17,000 square feet of
office space on a 15 acre property. The City of
Pickering is pleased this relocation will bring a
large number of highly-skilled technical jobs to the
city. By 2009, Aker Kvaerner Chemetics looks to
aggressively grow its workforce by 40 per cent.
Aker Kvaerner ASA has
aggregated revenues of approximately $10 billion USD
and employs approximately 24,000 people in 30
countries. Through its subsidiaries and affiliates, it
is a leading global provider of engineering and
construction services, technology products, and
integrated solutions. Its core businesses are
comprised of several industries including nuclear; oil
& gas; power generation; refining & chemicals;
and mining & metals.
"Pickering has
been recognized as one of Canada's top municipalities
for business, and Aker Kvaerner Chemetics' relocation
to our city serves to bolster this reputation,"
said Mayor Ryan. "As a leader in E3 (Energy,
Environment, and Engineering), Pickering is committed
to working with its businesses and stakeholders, such
as Aker Kvaerner, to address Canada's evolving energy
needs and become the most sustainable community in
North America."
As the gateway to
the east GTA, Pickering (population 94,000) is
strategically located between Toronto and Durham
Region. It is an award-winning municipality that was
recognized by Profit magazine as one of the ten best
cities in Canada for growth companies; and was awarded
Five Blooms - Communities in Bloom's highest rating.
The City of Pickering is considered a municipal leader
in fiscal management, service delivery,
sustainability, and the environment. With its direct
access to major highways, educated and skilled labour
force, state-of-the-art infrastructure, prime
employment lands, and supportive municipal government,
Pickering offers unrivalled competitive advantages for
business.
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