Bruce Power and Kinectrics have opened a new 40,000 square-foot facility in Teeswater on nine acres of industrial property to provide laundry services to Bruce Power.
And because the facility is close to Bruce Power, it can also be used to enable life-saving medical isotope work.
The Teeswater Laundry Facility will create 15-20 new jobs within the year, looking to more than double that over the next several years.
Kinectrics has invested more than $50 million in Bruce County initiatives over the past few years.
In 2017, Kinectrics opened a 37,000 square-foot facility at the Bruce Energy Centre, near the village of Tiverton.
“We are thrilled to be opening a second major facility in Bruce County,” said David Harris, Kinectrics’ president and CEO. “This community provides an outstanding platform to grow our business both with Bruce Power and our clients worldwide. We look forward to providing long-term employment for the next generation of workers as we support world-class nuclear operators like Bruce Power.”
Kinectrics is a key Bruce Power supplier, safely providing life-cycle management through a range of technology offerings including inspection robotics, replacement components, materials, electrical and chemistry, safety and licensing support programs. Kinectrics is committed to environmental responsibility and innovation. Most recently, Kinectrics is working on the advancement of an Ontario-based supply of the life-saving Isotope Lutetium-177, and with its partner, Framatome, will design, supply and license an isotope production system enabling large-scale production of Lu-177 to meet future market demand.
“Kinectrics is making another significant investment in our regional economy expanding its capabilities within our energy cluster of companies located in Bruce, Grey and Huron counties and throughout Ontario,” said Mike Rencheck, president and CEO of Bruce Power. “Technology innovation and creation of economic benefits will enable our rural areas and industry to advance into a broader hub for nuclear innovation. As a founding member of the Nuclear Innovation Institute, Kinectrics is establishing itself as a leader in Canadian nuclear technology. “
Mitch Twolan, Bruce County warden, congratulated Kinectrics on its investment and thanked the company for expanding its presence in the region.
“On behalf of the county, I thank Kinectrics for making such an important investment in our region. I look forward to seeing new jobs and the economic development that comes along with this impressive new facility," he said.
Lisa Thompson, the minister of Government and Consumer Services and MPP for Huron-Bruce, also congratulated Kinectrics on its expanded presence in the region.
“This is indeed great news for the community of Teeswater and for Bruce County," Thompson said. “The Life-Extension Program underway at Bruce Power continues to be a driving force in our local community and the work being done at Bruce Power is drawing companies like Kinectrics to the region, creating good jobs, new investment and ensuring Huron-Bruce and our province are open for business.”