Advanced Manufacturing
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- Roxanne Goodman
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1 Advanced Manufacturing 1
2 Halton at a Glance Population: 501,669 Employment Land Supply: 5,601 ha (13,862 ac existing & designated lands) Labour Force: 310,906 Businesses: 38,109 Employment: 258,444 Average Household Income: $129,861 2
3 Education & Labour Force Halton Region residents are highly skilled & welleducated Over 150,000 adults had obtained some postsecondary education 38% of adults hold a university degree 70% of young professionals between the age of 25 and 34 hold a university or college degree Halton Region is among the fastest growing economic regions within the Greater Toronto Area (GTA) From 2001 to 2006, Halton s labour force increased by 18% in The Town of Milton witnessed an unprecedented 73% growth in its labour force
4 Halton s Economy Economic Indicator Total Population 1 471, , ,045 Population Density (per sq km) Labour Force 3 296, , ,321 Unemployment Rate 4 6.5% 5.5% 6.1% Participation Rate % 76.1% 73.6% Employment Rate % 71.9% 69.2% Employment Insurance Beneficiaries 5 6,385 5,562 4,199 Number of Businesses 6 36,587 37,164 38,253 Employment 1 237, , ,932 Business Bankruptcies Total Construction Value 8 $1,144,766,635 $1,387,502,513 $1,449,190,052 Industrial $53,826,750 $86,210,220 $43,627,285 Commercial $141,352,206 $134,380,619 $232,625,967 Institutional $225,339,300 $354,040,429 $163,289,746 Residential $684,212,021 $756,846,325 $960,023,203 Industrial Vacancy Rate 9 6.1% 8.0% 5.6% Office Vacancy Rate % 11.4% 13.6% Average Household Income 3 $125,900 $122,400 $122,700 Occupied Dwelling Units 1 169, , ,232 Housing Sales 11 4,467 4,636 5,330 Average Housing Price 11 $458,620 $517,857 $543,414 Average Days on the Market
5 Fast Growth Region Construction Value ($000) 800, , , , , ,000 Total Construction Value Trends, Since 1989, the construction value of residential and nonresidential development in Halton 66% The Town of Milton as seen the fastest growth Construc on 446% fastest growing municipality in Canada. 200, , Year Strong mix of office development in Oakville, Burlington and logistics and industrial growth in Halton Hills and Milton Burlington Halton Hills Milton Oakville 5
6 Halton s Businesses by Sector 6
7 Halton s Employment by Sector 7
8 8
9 Advanced Manufacturing Defined Halton s manufacturing sector is engaged in a range of advanced technologies and processes, from automated processes in the automotive sector to leading edge technologies in the aerospace sector. Given that this economic activity can overlap many manufacturing subsectors, there is no set definition for Advanced Manufacturing companies. This analysis considers the following subsectors as having the potential for conducting advanced manufacturing: Agricultural, Construction and Mining Machinery Industrial Machinery Commercial and Service Industry Machinery Ventilation, Heating, Air Conditioning and Commercial Refrigeration Equipment Metalworking Machinery Engine, Turbine and Power Transmission Equipment Other General Purpose Machinery Computer and Peripheral Equipment Communications Equipment Audio and Video Equipment Semiconductor and Other Electronic Component Navigational, Measuring, Medical and Control Instruments Manufacturing and Reproducing Magnetic and Optical Media Electric Lighting Equipment Household Appliance Electrical Equipment Other Electrical Equipment and Component Motor Vehicle Motor Vehicle Body and Trailer Motor Vehicle Parts Aerospace Product and Parts Medical Equipment and Supplies
10 Advanced Manufacturing Quick Facts Approximately 330 businesses operated in the advanced manufacturing sector in Halton in 2012, employing over 13,500 workers* Advanced manufacturing companies are dispersed throughout Halton with the following distribution Burlington (44%), Oakville (36%), Halton Hills (11%), and Milton (9%) 60% of advanced manufacturing companies exported their products or services in 2012, and 40% invested in research and development (R&D) One in four advanced manufacturing companies in Halton are recent start ups, having established operations or relocated to Halton within the last five years *Referring to full time equivalent employees on site 10
11 Key Advanced Manufacturing Employers in Halton Top Advanced Manufacturing Employers Ford of Canada Oakville Assembly Complex Municipality Oakville Industry Motor Vehicle Body and Trailer Manufacturing Karmax Heavy Stamping Milton Motor Vehicle Parts Manufacturing Goodrich Landing Gear Oakville Aerospace Product and Parts Manufacturing Mold Masters Halton Hills Industrial Machinery Manufacturing Automodular Oakville Motor Vehicle Body and Trailer Manufacturing CPI Communications and Power Industries Halton Hills Semiconductor and Other Electronic Component Manufacturing Evertz Microsystems Burlington Communications Equipment Manufacturing Johnson Controls Milton Motor Vehicle Parts Manufacturing Cogent Power Burlington Computer and Peripheral Equipment Manufacturing Gennum Corporation Burlington Semiconductor and Other Electronic Component Manufacturing 11
12 Advanced Manufacturing Distribution in Halton 12
13 Top Manufacturers 13
14 Top Advanced Manufacturers 14
15 Spotlight: Goodrich Landing Gear Since moving to Oakville in 1984, Goodrich has continued to expand its plant and increase its workforce. Goodrich s almost 400,000 square feet Oakville plant employs 825 people and designs, tests and manufactures highly complex landing gear systems for the world s largest commercial aircraft companies including Boeing, Airbus and Bombardier. The plant is also home to the world s largest landing gear test lab. As one of Oakville s largest employers, Goodrich s access to a highly skilled workforce and the area s comprehensive transportation network have contributed directly to the growth of the business over the past 27 years. In 2012, The Province of Ontario announced it will invest $3.3 million in Goodrich over the next five years. The Province s investment will support a more than $90 million investment Goodrich is making over the next five years into research and development. 15
16 Spotlight: CPI Communications & Power Industries CPI's Communications & Medical Products Division (CMP) is a global leader in satcom uplink solid state amplifiers, klystrons, advanced millimeter wave klystron technology, high frequency medical X ray generators, RF digital imaging systems and compact power supplies for physical vapor deposition applications. From its 200,000 square foot, state of the art facility in Georgetown, CPI CMP exports its world class products to all major countries around the globe. Service, sales and support centers are strategically located to better service CPI CMP's growing customer base around the world. In addition, CPI CMP services all of its products from its headquarters facility. 16
17 For more information, please contact: Halton Region Economic Development Division Toll free Halton ( ) ecdev@halton.ca 17
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