Ontario Secures More than $1 Billion in Agreements in Nanjing

 

Via news.ontario.ca

Today in Nanjing, Premier Kathleen Wynne announced business agreements exceeding $1 billion between Ontario and Chinese organizations.

Yesterday, the Premier met with Xinyi Glass Holdings to discuss their commitment to investing in Ontario. Xinyi has selected Ontario as the location for its first North American manufacturing facility, a large float glass plant. Xinyi’s planned $450 million investment, outlined in an agreement in principle signed yesterday between Xinyi and the province, would create 400 jobs in Ontario.

At a signing ceremony in Nanjing today, Ontario and Chinese organizations announced another 32 agreements, which are expected to create more than 700 jobs in Ontario, including:

 

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