Andriani Ltd. announces a $33.6M mfg. investment in London, Ont.
by CM Staff
Andriani’s investment will be used to build a new, 61,225 square-foot facility to make gluten-allergen and GMO-free pasta.
LONDON — The Ontario government says they are welcoming a $33.6 million investment by Andriani Ltd., an Italy-based pasta manufacturing company, to build their first production facility in North America. This investment will create 42 new jobs in London.
“Andriani’s significant investment will spur growth throughout our province’s agri-food supply chains and help to further establish London as a hub for food production, technology and innovation,” said Premier Doug Ford. “Despite economic headwinds, companies, across all sectors, are choosing Ontario because of our competitive business environment, our access to markets and our world-class workforce.”
“Companies like Andriani are attracted to the stability and growth of Ontario’s economy – with over $11 billion in new investments and over 120,000 new jobs created just last year,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Our government’s targeted approach to attracting multinational manufacturers as they expand and create good-paying jobs in communities across the province is working. Thank you, Andriani for choosing Ontario.”
Andriani’s investment will be used to build a new, 61,225 square-foot facility to make gluten-allergen and GMO-free pasta. Once the new facility is operational, Andriani plans to manufacture products for the North American market in Ontario instead of importing products from Italy.
As part of this investment, the government is providing Andriani Ltd. with $1.5 million through the Regional Development Program’s Southwestern Ontario Development Fund.
“We want to thank Ontario for this recognition and the support offered so far,” said Michele Andriani, Andriani Group President and CEO. “We share with Ontario a vision of a future driven by innovation and shared value. In London we found the premises to ground the next steps of our international development, which aims at increasing the potential of having a positive impact on people’s lives through food innovation: highly qualified and professional people, focus and investments on food innovation, sustainability and regenerative agricultural practices and overall a competitive agricultural and food business ecosystem.”