Teeswater, Canada – Bruce Power and Kinectrics are pleased to announce the opening of a new 40,000-square-foot facility in Teeswater on nine acres of industrial property that will provide laundry services to Bruce Power and, given its proximity to the Bruce Power site, can also be used to enable the important life-saving medical isotope work underway.
“We are thrilled to be opening a second major facility in Bruce County,” said David Harris, Kinectrics’ President and CEO. “This community provides an outstanding platform to grow our business both with Bruce Power and our clients worldwide. We look forward to providing long-term employment for the next generation of workers as we support world-class nuclear operators like Bruce Power.”
The Teeswater Laundry Facility will create 15-20 new jobs within the year, looking to more than double that over the next several years. In 2017, Kinectrics celebrated the opening of the cornerstone of its expansion, a 37,000-square-foot facility at the Bruce Energy Centre, near the community of Tiverton in the Municipality of Kincardine. Taking into account these facilities, Kinectrics has invested more than $50 million in Bruce County initiatives over the past few years.
"Kinectrics is making another significant investment in our regional economy expanding its capabilities within our energy cluster of companies located in Bruce, Grey and Huron counties and throughout Ontario,” said Mike Rencheck, President and CEO of Bruce Power. “Technology innovation and creation of economic benefits will enable our rural areas and industry to advance into a broader hub for nuclear innovation. As a founding member of the Nuclear Innovation Institute, Kinectrics is establishing itself as a leader in Canadian nuclear technology."
Kinectrics is a key Bruce Power supplier, safely providing life-cycle management services through a range of technology offerings including inspection robotics, replacement components, materials, electrical and chemistry, safety and licensing support programs. Kinectrics is committed to environmental responsibility and innovation. Most recently, Kinectrics is working on the advancement of an Ontario-based supply of the life-saving Isotope Lutetium-177, and with its partner Framatome will design, supply and license an isotope production system enabling large-scale production of Lu-177 to meet future market demand.
Mitch Twolan, Bruce County Warden, congratulated Kinectrics on its investment and thanked the company for expanding its presence in the region. “On behalf of the county, I thank Kinectrics for making such an important investment in our region. I look forward to seeing new jobs and the economic development that comes along with this impressive new facility.”
Ben Lobb, Member of Parliament for Huron-Bruce, commented “Kinectrics and Bruce Power both have long track records of excellence, and boast impeccable safety records. Their new partnership is a great opportunity for economic growth in Bruce County, and we’d like to welcome Kinectrics to Teeswater.”
Lisa Thompson, Minister of Government and Consumer Services and MPP for Huron-Bruce, also congratulated Kinectrics on its expanded presence in the region.
“This is indeed great news for the community of Teeswater and for Bruce County,” Thompson said. “The Life-Extension Program underway at Bruce Power continues to be a driving force in our local community and the work being done at Bruce Power is drawing companies like Kinectrics to the region, creating good jobs, new investment and ensuring Huron-Bruce and our province are open for business.”
About Bruce Power
Bruce Power is an electricity company based in Bruce County, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable, low-cost nuclear power to families and businesses across the province and life-saving medical isotopes around the world. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube.
About Kinectrics
Kinectrics is the category leader in providing lifecycle management services for the electricity industry. Trusted by clients worldwide, our expertise in engineering, testing, inspection, and certification is backed by our independent laboratory and testing facilities, a diverse fleet of field inspection equipment and an award-winning team of over 1,100 engineers and technicalexperts. From initial design and type testing to operational deployment and maintenance services, Kinectrics collaborates closely with customers to ensure that utility assets perform safely, reliably and efficiently throughout their entire lifecycle. Learn more at www.kinectrics.com and follow us on Twitter, LinkedIn and YouTube.
