A new manufacturing facility that is currently under construction in Brampton will employ 250 individuals when it begins operations next year. City officials announced today that Axium Packaging Inc. is expanding its operations and investing over $80 million in the new site which is expected to open in July 2024.
“We are building on incredible momentum here in Brampton and this win solidifies that,” Mayor Patrick Brown said in a statement. “This new facility will add to the city’s sector network, providing new and sustainable plastic solutions.”
“As Axium continues to grow its footprint in North America, we are excited and proud that their expansion plans include Brampton with this $80M investment and 250 new advanced manufacturing jobs,” Brown added.
Axium Packaging provides design engineering and tool building solutions for packaging needs including: plastic containers, tubes, caps and high end decorating services. It has 20 manufacturing plants in the United States, Canada (Mississauga) and Mexico and employs over 3,600 employees.
While some media reports suggest that Axium is moving its operations from Mississauga to Brampton, the announcement from the City made no mention of it.
Advanced Manufacturing is the largest industry by employment in the City, accounting for almost a quarter of Brampton’s workforce.
City officials say that access to 21 nearby universities and colleges and the award-winning Sheridan Centre for Advanced Manufacturing and Design Technology (CAMDT) give Brampton strategic advantage.
The Economic Development committee Chaur Gurpartap Singh Toor feels that a growing network of leading companies like Axium makes Brampton “the right place to invest in jobs of the future”.
“We are excited to invest and partner with the City of Brampton, and Ontario as a part of our continued expansion in the North American market,” said Axium President Paul Judge.
