Golden Windows to expand in Kitchener, while Minister Fedeli takes questions on Wilmot Land Assembly
Some provincial cash, is going to help expand a local window and door manufacturer in Kitchener.
On Thursday, Golden Windows Ltd. announced a new $30 million investment, $4.5 million of that coming from the province. The expansion will include a new 240,000 square-foot facility at 300 Bridge East, and 50 new jobs. That new facility will feature new product lines to support high-rise construction in Toronto.
Golden Windows will move to 300 Bridge Street East from its current Kitchener location at 888 Guelph Street.
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Paul Kreutner, President of Golden Windows Ltd said in a statement, “In this high interest rate environment, this access to capital will allow us to take our production processes to the next level of automation, efficiency, and quality.”
Minister of Economic Development, Job Creation and Trade Vic Fedeli was at the announcement Thursday.
“Ontario is the manufacturing powerhouse of the nation, and new investments by domestic manufacturers demonstrate that our government is fostering the right conditions for growth and more good-paying jobs for our talented workforce,” said Fedeli in a statement.
The provincial cash is coming from the Southwestern Ontario Development Fund (SWODF) stream of the Regional Development Program (RDP).
During the announcement, Minister Fedeli took questions about the Wilmot Land Assembly. He said the region the ground game for the assembly “belongs to the region” and are relying on their judgement.
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“My ministry is not involved in the day-to-day activity whatsoever,” said Fedeli. “This is front-run by the region, and we would expect the region to deal with the local homeowners in a reasonable way.”
Fedeli did not disclose how much money the province are offering for the land purchase, citing the non-disclosure agreement.
Fedeli co-signed a statement alongside Minister of Red Tape Reduction and Kitchener Conestoga MPP Mike Harris Jr. slamming the region for their handling of the assembly. This led to a response from regional chair Karen Redman saying the province had been a part of the land assembly process from the beginning.
