Welland in the News

New industry kicks development into high gear in Welland

May 15, 2019

New industry kicks development into high gear in Welland

Welland, Ont., has hardly been known as a hotbed for growth, historically speaking. However, that has changed in the past couple of years.

“It’s quite a different picture from 10 years ago,” the City of Welland’s economic development officer Lina DeChellis told RENX in a recent interview. During the recession in 2008, “our friends were losing their jobs,” she said. “It was hard to see that.”

But today, cranes are everywhere — development is officially booming.

The catalyst came in 2016, when construction started on what was then called General Electric’s “brilliant” manufacturing facility: a custom-built, state-of-the-art 480,000-square-foot plant near Hwy. 140 and E. Main Street.

Built to produce hi-tech gas engines, the plant itself was festooned with sensors tracking every step of the process, linked to GE’s Predix software platform and streaming data to the company’s cloud servers over secure links for analysis.

Major manufacturer spurred growth

“It’s a positive impact,” said DeChellis, adding “since then, we’ve actually had quite a bit more investment follow” in the city’s main industrial area along Hwy. 140. Essentially, GE put Welland back on the proverbial map.

“I think when people heard the name GE, they started to look toward Welland,” said DeChellis.

Today, the company has a new name and a new owner: global private-equity firm Advent International acquired GE’s Distributed Power business last year. It formed a new standalone energy company called INNIO, but the change in ownership at the industrial flagship hasn’t slowed momentum in the city.

 

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