News
For Immediate Release
Oakville
12/14/2011
Ontario Helps Landing Gear Manufacturer Create 31 New Jobs: McGuinty Government Moving Economy Forward
NEWS
Ontario is helping Goodrich – a leading manufacturer of aircraft landing gear systems – develop new technologies and create 31 new jobs while retaining 37 highly-skilled positions at its Oakville plant.
With the government’s support, the company is investing in research and development to:
- Develop and manufacture more advanced and reliable landing gear systems
- Reduce environmental impacts with lighter, fuel-saving landing gear systems made with advanced materials, and
- Secure new supply contracts for three aircraft.
Ontario is providing a strong and stable environment for businesses to grow and create good jobs. These new jobs build upon the 124,800 net new full time jobs that have already been created in Ontario so far this year alone.
Partnering with business and supporting the aerospace sector are key components of the McGuinty government’s plan to create and support new and existing jobs for Ontario families and strengthen local economies.
QUOTES
“The success of Ontario’s economy is built on our skilled workers and innovative companies. This partnership with Goodrich is part of our proactive approach to helping create jobs and supporting innovation while positioning ourselves for long-term growth.”
― Brad Duguid, Minister of Economic Development and Innovation
“This partnership between the McGuinty government and Goodrich will be a big boost for Oakville with new jobs and new opportunities for growth. It’s great to see such a bright future ahead for this world-class Oakville plant.”
― MPP Kevin Flynn, Oakville
“We are thrilled to enter this partnership with the Government of Ontario that will help us reach new heights in aircraft landing gear innovation. The funding will support important research and development to help us advance our technologies and secure key projects.”
― Frank Karakas, VP Airbus & Bombardier Business Unit, Goodrich
QUICK FACTS
- Goodrich’s Oakville plant employs 825 people and designs, tests and manufactures highly complex landing gear systems for the world’s largest commercial aircraft companies including Boeing, Airbus and Bombardier. The plant is also home to the world’s largest landing gear test lab.
- Ontario’s aerospace industry employs about 22,000 people in the province and generates sales of about $6.5 billion annually.
- Ontario recently introduced the Attracting Investment and Creating Jobs Act that, if passed, would make the make the Eastern Ontario Development Fund permanent and create the new Southwestern Ontario Development Fund.
- In 2010, Ontario was named a top destination for foreign direct investment in North America, second only to California. The province attracted a total of 127 Foreign Direct Investment projects, which created more than 11,200 jobs.
- As a result of the tax changes implemented in Ontario, taxes on business investment were cut in half, making Ontario more competitive and encouraging business growth.
LEARN MORE
- See Ontario’s plan to support job creation.
- Take a look at the programs and services available to help your business grow.
- Read Ontario’s 2011 Progress Report.
For more information:
Andrew Block
Minister's Office
416-325-0362
Mark Ingram
Communications Branch
416-325-4776
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