Brampton - Economy

Economy

Companies with headquarters in Brampton include Loblaw Companies Ltd.

Its current largest employers are Rogers Communications Inc., Chrysler Canada Brampton Assembly Plant, Loblaw Companies Ltd., Maple Lodge Farms, Canadian Tire Corp, Zellers (offices and distribution), Coca-Cola Bottling Company Ltd., Gamma-Dynacare Medical Laboratories, and Olymel L.P.. Loblaws, Maple Lodge and Zellers presence in the city includes their Canadian head office, national headquarters in the city include Bacardi, Brita, and Clorox. The city is home to Canadian Forces Army Reserve unit The Lorne Scots (Peel, Dufferin and Halton Regiment).

Major companies in Brampton include: IKO Industries, Best Buy (and Future Shop), Brafasco, The Clorox Company, Ford, Rogers Communications, Nortel, Para Paints, Coca Cola Bottling Co., Nestlé, Chrysler Canada Ltd., Maple Lodge Farms, Sofina Foods Inc, Hudson's Bay Company (HBC), Frito Lay Canada, MDA Space Missions, Parkinson Coach Line and Canadian Tire.

An automobile manufacturing facility was opened by American Motors (AMC) in 1960 as the Brampton Assembly Plant. In 1986, AMC developed a new, state-of-the-art operation at another location and called it "Bramalea Assembly". After AMC was acquired by Chrysler in 1987, AMC's Canadian division and its plants in the area (Brampton and Bramalea) were absorbed with the older facility closing in 1992. The newest factory was renamed Brampton Assembly and it became one of Brampton's largest employers with over 4,200 workers when running at capacity.

Read more about this topic:  Brampton

Famous quotes containing the word economy:

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
    Calvin Coolidge (1872–1933)

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)