An economic coup for the City of Orillia.
Hydro One has announced a $150 million dollar investment to build a new Ontario grid control centre in the city's west end.
The company anticipates moving approximately 150-250 high-quality jobs to this facility.
Hydro One’s $150 million investment in Orillia is one of the most significant in our city’s history and will result in a near-term economic impact of approximately $400 million for our municipality,” said Steve Clarke, Mayor of Orillia. "Having Hydro One’s new primary Ontario grid control centre located in Orillia puts Orillia on the map as a technology hub amongst small urban centres and a great place to do business. We are excited to welcome Hydro One and its employees to the Orillia community."
Hydro One anticipates construction will begin later this year.