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Q4 2104 
Milton Economic Development
IN THIS ISSUE:
WE CAN HELP:
If you would like us to help you with relocating your business, or find out more about Milton's advantages, please contact the Economic Development Office at 905.878.7252 ext. 2107.
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MTB Transit Solutions Grows Again

After moving to Milton in 2005, MTB Transit Solutions has never looked back. At that time, the company had spent 30 years growing its business in Mississauga and wanted to plant its roots somewhere that could grow with it and provide the right mix of quality of place, support for local businesses and access to a dynamic workforce. Bill Finan, President of MTB Transit Solutions, set his sights on Milton.

The company moved to Milton in 2005 and soon after added another 12,000 square feet to its 42,000 square foot building. Liam Finan, MTB Transit Solutions' Vice President of Operations attributes some of the company's early success to gaining Milton Transit as a client. "When Milton Transit was in its infancy, MTB Transit Solutions was handling all of the general services, the overnight storage of their units, as well as all of the bus refueling," said Liam Finan. "The impact that had on our company was incredible, as we were able to branch out into different areas of our industry."

Since then, MTB Transit Solutions has added to its roster of clients, including the recent aquisition of Metrolinx. In response to this growing demand, the company is expanding in Milton yet again with a new 30,000 square foot facilty. Having officially obtained their permits and broken ground in late 2014, the company is now considered Canada's largest bus-focused repair and refurbishment company.

"[The Town's] open door policy and willingness to help has been an eye opener for both Bill and I," said Liam Finan. "Having support throughout the process has been a great experience."

Located in the 401 Business Park, the new facility will stand alongside their existing building and will add approximately 20 jobs to the region. The company has seen many changes in Milton since their arrival and have the utmost confidence in their continued success in the Town.

"The constant infrastucture upgrades we see on a daily basis show us that Milton is looking toward the future and reassures our thoughts that we couldn't be in a better place," said Liam Finan. "It's been a wonderful experience to watch this town grow and we're glad we've made our home here."

Having been in business for over three decades, MTB Transit Solutions has established itself as one of North America’s ‘better ways’ in maximizing transit vehicle design, manufacturing and uptime. To learn more about the company visit, mtbtransitsolutions.com.

Infrastructure Advancement in the 401 Business Park

Milton businesses in the 401 Business Park are now enjoying improved connectivity following the opening of the James Snow Parkway extension.

The completion of this extension represents a major transportation improvement for the 401 Business Park that will enhance the quality of life in Milton for businesses, employers, employees and residents. By promoting and supporting the movement of traffic though the area, the new road will decrease commute times and congestion, reduce truck traffic as well as provide future opportunities for transit.

“This most recent opening of another James Snow Parkway section shows Halton’s ongoing commitment to improving infrastructure and reinforces why our region is a great place to live, work, raise a family and retire,” said Regional Chair Gary Carr. “In 2014, $177 million was invested in transportation infrastructure alone and in four years, we’ve invested more than $2 billion in water, waste water and transportation infrastructure. Regional Council is also reinforcing this commitment to Halton’s transportation network through the upcoming Strategic Action Plan.”

The new four-lane road, completed at the end of December, stretches from Steeles Avenue to Boston Church Road encouraging direct travel to major intersections and Highway 401 and reducing reliance on smaller arterial roads. The two new James Snow Parkway intersections at Esquesing Line and Boston Church Road will have stop signs until mid-January when the traffic signals will become operational. The multi-use path will be completed in the spring.

For information and updates on other regional infrastructure projects, dial 311 or visit Halton.ca/construction. For Town of Milton information visit Milton.ca.

Prime High Density Development Land for Sale

Two acres of mixed use/high density land is now available for sale. The site is located between the Milton Centre for the Arts and the Milton Leisure Centre near the downtown core.

Modified purchase process requires a Letter of Interest submitted to the seller's listing agent by 3 pm on Friday, February 20, 2015.

For full details contact:
Phil Prestidge, Sales Representative
Royal LePage Meadowtowne Realty - Milton
905-878-8101
philprestidge@royallepage.ca 
www.1050main.com
Crozier and Associates Grows with Milton

From the blustery winter day in January 2004 when Crozier & Associates opened its doors, the consulting engineering firm hasn’t looked back.

In fact, looking forward and taking change in stride seems to be in the DNA of the over 50 professionals (and counting) who now work in their Milton and Collingwood offices. The last time Economic Development profiled the firm, whose focus is on private sector land development, was in the Q3 2009 newsletter. They had just opened their Milton office in Carriage Square in the wake of the economic downturn. The investment made sense to Christopher Crozier, P.Eng., Principal of the firm.
 
“There was never a question of laying-off any member of my team when the economy faltered,” said 1)	Christopher Crozier, P.Eng, Principle (on left) and Nick Mocan, M.Sc., P.Eng., Associate -  in the Crozier & Associates reception lobby at 2800 High PointCrozier. “In fact, an expansion to Milton, to improve service to our growing GTA client base, made perfect sense. Investing in our people and our clients is what we're all about."

It wasn't long before the wisdom of establishing an office in Milton became apparent. The firm's roster of projects and staff contingent grew, requiring further expansion to take over all available space in Carriage Square. This past December, Crozier & Associates tripled its capacity by relocating to an over 10,000 sq. ft. premises in the High Point Business Park – a move that mirrored expansion in Collingwood three years previously.

"Crozier & Associates is a story in progress" comments Nick Mocan, P.Eng., who heads up the Milton division. “We’re always looking ahead so that the resources are in place for our clients and our people to succeed. We call it The Crozier Way," he adds. "For us, that says it all."

It is a forward momentum that has seen the firm’s engineering services grow from core municipal servicing to include transportation, structural, mechanical and electrical engineering - a service offering they have coined on their website, cfcrozier.ca, as “Land development engineering, from the ground up." That upward trajectory is also shaping the professional careers of their team members. In addition to Mocan, five staff members have joined the original partners as Associates in as many years, and active recruitment shows no signs of waning as departments expand and the firm targets strategic new locations to support their growth.

"We have been fortunate to see the vision we had for this company 11 years ago come together," said Crozier. "It’s never a given that you’ll find the right people and clients to make that possible. Our experience in Milton confirms, for all of us, the importance of finding vibrant, resourceful communities to call home. If good ideas are obvious in hindsight, then coming to Milton stands out as a winner.”

MEV Innovation Centre
Open House

Tuesday, January 27, 2015
555 Industrial Drive, Milton
Open early at 8:00 am to 9:00 am

Kick start you business day at the Milton Education Village Innovation Centre! Drop in and enjoy a coffee and muffin, get a tour of the centre, learn about our business services and make new business connections.

Can't make it? Contact us to book your private tour today!
905-636-6505
MEVInnovation@milton.ca
MEVInnovationCentre.com
Hi-Tech Community at the MEV Innovation Centre

Silicon Halton held its first business networking meet-up of 2015 in the MEV Innovation Centre’s atrium. Silicon Halton is a grassroots hi-tech community of over a thousand members  who make a living and make things happen in technology in Halton Region. The event was sponsored by Cogeco, the Centre’s newest Innovation Partner.
 
In addition to companies catching up with each other and making new connections, the evening featured an interactive presentation from Mr. Greg Clarke of SB Partners. The session discussed how tech companies can increase their level of security by learning how to reduce taxes and risks, especially when doing business in the U.S. Those attending came prepared with their questions and the event turned into vigorous back and forth discussion. As one attendee noted, “Who knew that tax issues could actually be so interesting?”
 
To see upcoming events and seminars at the MEV Innovation Centre, visit MEVInnovationCentre.ca or call 905-636-6505.
 
Milton Businesses Take Advantage of Laurier's Applied Business Research Program

Laurier MBA students will be providing over 6,000 hours of consulting services to Milton companies and organizations during the next few months. Every January, the School of Business and Economics matches teams of five senior MBA students with a sponsoring client to address one of their strategic management issues. Each team of students devotes at least 1,000 hours of applied research and consulting services. Participating organizations represent a range of industries, from start-up businesses to large corporations, non-profit organizations and government departments.
 

Milton Economic Development has engaged a team to help us analyze the local economic base and begin to create a vision or what the Town’s future economy could look like. Other local companies and organizations undertaking projects this year include:

  • Chudleighs
  • Canadian Welding Bureau
  • Canadian Nursery Landscape Association
  • Milton Transit
  • Enable Education

Christopher Maziarz, the program co-ordinator notes, “We start the course in January of each year, with most projects complete by July and others by end of April. Interested organizations should be in contact with me by September or even earlier.” A fee to cover the administration costs of the program is charged. 

To learn more about how Laurier MBA student consulting can benefit your organization, please contact: Christopher Maziarz, Co-ordinator, Special Projects & Research, cmaziarz@wlu.ca, or by phone: 519.884.0710, x6433.

Year In Review - Highlights from 2014

Roxul Inc. broke ground on their new 25,000 sq. ft. headquarters which should bring aproximately 100 jobs to Milton.
Triovest began construction on its 406,485 sq. ft. building which is now ready for occupancy.
The Milton Education Village Innovation Centre officially opened its doors in April 2014 and completed all renovations in September 2014.
The new Home2Suites by Hilton broke ground with completion slated for Spring 2015.
The Town of Milton and Wilfrid Laurier University signed an extension to the Memorandum of Understanding, solidifying their commitment to bringing a post-secondary institute to Milton.

Looking forward...

Kylin and CREIT Development have announced plans to build a 650,000 sq. ft. distribution centre at 8645 Highway 25.

Monitoring the Local Economy

Industrial and commercial building activity ended strongly in the final quarter of 2014 with industrial construction value nearly doubling from the first three quarters.
 
Indicators Q4 2013 YTD 2013 Q4 2014 YTD 2014
Total Construction Value3 $112,082,892 $269,762,120 $84,425,075 $296,068,769
Residential Construction Value1 $24,697,122 $105,605,200 $63,435,121 $248,782,107
Industrial Construction Value3 $5,385,425 $26,828,294 $20,989,954 $47,286,662
Commercial Institutional
Construction Value3
$78,929,000 $122,244,807 $3,393,500 $28,818,599
Average House Price2 $474,731 $470,325 $493,667 $491,166
Housing Permits (Single
Family Units)1
188 640 172 841
New Industrial, Comm. and
Inst. Space (sq.ft.)3
425,506 1,141,252 76,738  914,744
Unemployment Rate
(Toronto CMA)4
  8.4%   7.8%
SOURCES:
1. Monthly Building Report, Town of Milton Planning Department, Month End September 2014.
2. Toronto Real Estate Board, Market Watch Report September 2013, September 2014.
3. Economic Development Office, Town of Milton.
4. Labour Force Characteristics, Seasonally Adjusted, by Census Metropolitan Area 3 Month Moving Average Toronto CMA. September 2013, September 2014.

 
Copyright © 2015 Town of Milton, All rights reserved.


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