As companies across North America work to secure reliable supply chains, Ontario’s expertise in advanced manufacturing and world-class workforce have positioned the province as a natural jurisdiction for companies like Lee Li to expand operations. As part of this investment, Lee Li is also developing a new white label line for brands that are dedicated to using locally sourced ingredients, creating new economic opportunities across agri-food businesses across Ontario. In support of this landmark investment, Ontario is providing $90 million in funding through the Invest Ontario Fund.
“As consumers choose health-forward beverages and wellness concerns increase globally, our over half-billion-dollar investment in advanced manufacturing will ensure this great province is a global manufacturing and technology leader in the over US$200 billion non-carbonated beverage market, which includes juices, iced teas, sports drinks, water and much more,” said John G. Spiteri, Executive VP and CAO, First Choice Beverage Inc. “This new, cutting-edge, high-tech, environmentally sensitive production facility, with a multimillion-dollar investment in advanced manufacturing technology, will catapult Ontario into a leader in the rising global consumer market for low-sugar soft drinks. We are further accelerating consumer choice and global market growth with our Ready-to-Drink beverages, which can replace solid food.”
At a time when U.S. tariffs are taking direct aim at Canadian workers and businesses, the Ontario government is protecting the province by lowering taxes and red tape, building the most resilient, self-reliant and competitive economy in the G7. Since 2018, Ontario has attracted a historic $113 billion in foreign direct investments and created one million new jobs. Lee Li’s investment is the fourth major project announced by the government this week, totalling $933 million and up to 710 Ontario jobs.
Source : News Ontario