Canadian Manufacturing

Ontario funding Mississauga, Ont., ICT facility for $31.9M

The $170.8 million project, for local firm SOTI Inc., is expected to create 725 new jobs and support 410 existing positions

May 8, 2018  by Canadian Manufacturing.com Staff

MISSISSAUGA, Ont.—The Ontario government is contributing $31.9 million to help build a new facility for information and communications technology firm SOTI Inc. in Mississauga, Ont.

The total project is valued at $170.8 million, and is scheduled for completion by July 2024.

The province says the project will create 725 new jobs and support 410 existing positions.

Mississauga-based SOTI focuses on enterprise mobility management and mobile and Internet of Things solutions. The firm has over 17,000 enterprise customers in more than 170 countries.

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“SOTI is a home-grown Ontario ICT success story, serving global customers worldwide. It is well positioned to be a key ICT anchor in Toronto-Waterloo corridor. Through our Jobs and Prosperity Fund investment, we are demonstrating how strategic partnerships can help spur innovation, drive economic growth and create high-value jobs. This support will further enhance Ontario’s ICT cluster and bring spin-off benefits to economy, community and sector,” said Steven Del Duca, Ontario minister of Economic Development and Growth.