ONTARIO (Rajeev Sharma): A series of significant expansion projects in Ontario’s manufacturing, life sciences, and technology sectors are set to generate nearly 700 new jobs and attract a total investment of $772 million, provincial officials announced.
Beverage Manufacturing Expansion in Mississauga
Homegrown beverage producer Lee Li Holdings is investing $387 million to expand operations through its subsidiaries First Choice Beverage Inc., Global Beverage and Logistics Centre Inc., and Imperial Chilled Juice Inc. The project includes an upgraded plant and a new 100,000-square-foot facility in Mississauga.
The facility will feature AI-driven production, automated warehousing, and sustainable manufacturing practices aimed at reducing energy use, wastewater, and plastic waste by over 30%. It will focus on producing plastic bottles for teas, coffees, sparkling and flavored waters, as well as a white-label beverage line using locally sourced ingredients. The expansion is expected to create 275 new jobs.
John G. Spiteri, Executive VP of First Choice Beverage, highlighted the project’s potential to position Ontario as a global leader in low-sugar, non-carbonated beverages. The provincial government will support the initiative with a potential $65 million loan through the Invest Ontario Fund.
AtomVie Expands Radiopharmaceutical Manufacturing in Hamilton
AtomVie Global Radiopharma plans to invest over $100 million in a new state-of-the-art facility in Hamilton, increasing radiopharmaceutical manufacturing capacity tenfold. The expansion is projected to create 70 new jobs and will produce targeted cancer therapies for both domestic and international markets.
Bruno Paquin, CEO of AtomVie, emphasized the importance of Ontario’s robust nuclear medicine infrastructure and expertise in radiopharmaceuticals for this expansion. The project may receive up to $3.6 million in grant support from the Invest Ontario Fund, pending final agreements.
Marvell Technology to Scale AI Infrastructure R&D
Marvell Technology, Inc. will invest $173 million over five years to expand its R&D workforce in Ontario, focusing on next-generation semiconductor solutions for AI data centers. The expansion includes an 8,000-square-foot optical lab and new offices near the University of Toronto, supporting up to 350 new high-tech jobs.
Sandeep Bharathi, president of Marvell’s Data Center Group, noted that Ontario’s talent pool and expertise in semiconductor R&D and AI were key factors in selecting the province for expansion. Marvell’s project may receive up to $12 million in grants through the Invest Ontario Fund.
Government Perspective
Ontario’s Minister of Economic Development, Vic Fedeli, stressed that these investments strengthen domestic supply chains, create high-quality jobs, and position the province as a global hub for advanced manufacturing, life sciences, and technology. Trevor Jones, Minister of Agriculture, Food and Agribusiness, added that sourcing local ingredients for these projects will benefit farms and agri-processors across Ontario.
Khawar Nasim, CEO of Invest Ontario, described the expansions as a “win for Ontario,” highlighting the long-term benefits for innovation, workforce development, and global competitiveness.
With investments spanning food and beverage manufacturing, radiopharmaceutical production, and AI-driven semiconductor technology, Ontario continues to attract large-scale projects that reinforce its position as a leader in multiple high-growth sectors.
