Food & Beverage Industry Profile - Hamilton Economic Development
Food & Beverage Industry Profile - Hamilton Economic Development
Food & Beverage Industry Profile - Hamilton Economic Development
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HAMILTON<br />
FOOD AND BEVERAGE<br />
The food processing industry in Ontario is growing at a rate of between 4% and 5% annually,<br />
which can largely be based on the following advantages:<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
a central geographic location and ideal hub with access to all North American markets<br />
a network of highways and railways that are fully integrated with U.S. networks<br />
product diversity unrivaled by most parts of the world<br />
a steady supply of well educated, skilled workers<br />
low business costs<br />
strong R&D infrastructure<br />
a pro-growth government<br />
In 2004, slightly more than a quarter of Ontario’s food-processing companies had sales in<br />
the $5 million to $50 million range with the larger operations having annual sales in excess<br />
of $100 million.<br />
Ontario boasts five food cluster areas with the largest being the Greater Toronto Area. Others<br />
include the <strong>Hamilton</strong> Niagara Region, Grand River Region, Southwest Ontario Region and<br />
the Eastern Ontario Region.<br />
The food processing industry in Ontario is growing<br />
at a rate of between 4% and 5% annually.<br />
08<br />
Oakrun Farm Bakery Ltd. has over 400<br />
employees and produces over 20 different lines<br />
of quality baked goods.