SUCCESS CITY 2018: Meet some of our newest business community members!
Summerside experiencing growth in all sectors of the economy. Read all about it!
Growth Is in The Air
HueGO Electric has now officially opened its assembly and testing facility, occupying over 4,000 square feet in Summerside’s Industrial Park. Producing LED lighting products for both interior and exterior applications, HueGO has been working with the City under the renowned Living Lab Program, testing and developing its innovative suite of leading-edge products. In the process, the company has developed the exact products needed to meet Summerside’s growing municipal lighting requirements.
HueGO is currently recruiting for an Outside Sales Professional to focus on industrial and commercial lighting sales in Atlantic Canada.
Reito Precision Molding
Reito Manufacturing has established a 4,000 square foot precision plastic injection molding facility in the City of Summerside. Utilizing state-of-the-art equipment, the company provides a wide variety of high-quality products for a wide variety of industries including food, medical, auto and construction.
Reito is currently looking to increase staff by five to meet growing demand.
To learn more about Reito, visit https://reito.ca
Specializing in HEPA filter and air cleaning products, A-1 Filters has installed a 4,000 square foot facility in Summerside’s Business Park. Exporting products throughout the globe, A-1 Filters is using the Summerside operation as its manufacturing base as well as R&D centre for new product innovation.
A-1 is currently finalizing its manufacturing facility while looking to grow its labour force in the coming months to meet the worldwide demand for its innovative solutions in air filtration.
To learn more about A-1, visit www.reito.ca/a-1-filters
Cylco Canada a world leader in custom hydraulic and pneumatic cylinders. The company is expanding to Summerside in a new state-of-the-art 15,000 square foot facility to service its growing demands for both hydraulic and pneumatic cylinders.
Cylco is immediately looking to hire a CNC machinist to join its team right away.
To learn more about Cylco, visit www.cylco.com/indexe.html
Starport Managed Services
Starport Managed Services is en route to our city. The leading Toronto-based IT service provider conducts remote IT services for small and medium-sized companies that need support, but are not large enough to have their own internal IT department. Starport is opening a satellite office in the Holman Building and will be starting with a complement of five IT professionals.
With knowledge of PEI’s stable and skilled labour force, the company is excited about hiring Islanders and has full-time positions immediately available for an IT Support Specialist and IT Service Desk Analyst.
To learn more about Starport, visit www.starport.ca
Growth Is in The Air
A significant rise in labour opportunities
Summerside is experiencing growth in all sectors of the economy and investment inquiries have seen a substantial rise in 2018, year to the end of September. This is leading to a resurgence in business confidence, investment in our community and a significant rise in labour opportunities.
We know that companies invest in trust, good information and sound business fundamentals, and Summerside has certainly made its mark in all three areas. Our core sectors, as well as our ancillary business, are seeing increased investment and growth.
New inquiries from a variety of sources have also seen a substantial increase with existing companies looking at expansion and new enterprises seeking a near-shore location to supplement international operations. Inquiries to date — representing everything from aerospace and light manufacturing to IT operations — have topped over 70,000 square feet of inquiry. Coupled with interest from the Provincial Nominee Program and investment potential to fill gaps in the Summerside economy, the City is on a very positive upward trend.
Investment in construction (end of September) has again seen a marked increase in most sectors with an overall increase of over 14.5% since 2015. Commercial and Industrial investment has seen an increase of well over 15% since 2015 and over 82% more than last year. Most of this surge in commercial/industrial activity has been from businesses investing in existing building stock. It represents all sectors of the economy including retail, service and industrial operations.
Summerside has worked diligently over the years, building relationships with the existing business community to mine opportunities, as well as marketing and promoting Summerside as a destination for investment. Those efforts are now being seen to pay dividends.
- Standard Aero — Up to 80 new jobs and 30,000 square foot expansion. Currently employing 465. Increasing current capacity on turboprop engines from 800 to over 1,050 engines annually.
- Careworks — Relocation and expansion into Holman’s Centre. Looking to grow from 80 to 100 positions, providing services for IT management, automation, security and a full-service desk as well as anchoring their Healthy IT operations.
- Spinnakers Landing — Welcoming fresh faces to their Retail and Tourist Boutiques.
- Loyalist Hotel – Purchase, renovation and re-branding of the Loyalist in Downtown Summerside. Earmarked for $1.1 million facelift and re-branded under the Best Western Signature Collection.
- IO Solutions — Looking to grow another 50 positions at their Summerside facility which already employs over 175 people.
- Downtown Office Real Estate — Acquisition of two major office complexes with major renovations and leasing plans set to begin within the next several months.
- ADL — Additional investment of over $5.4 million in capital and expansion upgrades to support increased dairy processing demand.
If interested in learning more about investment opportunities, economic development support or opportunities for growth, please call our Economic Development Professionals. We would love to chat.
Director of Economic Development City of Summerside
Alternatively, you can email us at email@example.com. It could be the most profitable email you ever send.
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