The Town of Ajax yesterday welcomed Geodis, a global leader in transportation and logistics, whose 470,000 sqft facility is projected to create 100 full-time positions.
To establish its new operations, Geodis has secured a five-year lease for some 470,000 square feet at the Lakeridge Logistics Centre (537 Kingston Road East).
“Their arrival represents a significant addition to our industrial business community bringing new employment opportunities and further economic activity to Ajax,” said a town statement.
The new facility will serve as a logistics and warehousing centre for Milwaukee Tool and is expected to generate approximately 100 full-time jobs, with additional contract and seasonal positions created as needed, it added.
Operations are anticipated to begin at the end of May.
The Lakeridge Logistics Centre is one of the largest distribution and logistics facilities in Ontario at 1.2 million square feet. It is a class-A zero carbon certified industrial facility and has 250,000-740,000 square feet still available for lease.
“On behalf of Ajax Council, I want to express our excitement that Geodis has chosen to invest in Ajax. Operating in 166 countries with nearly 50,000 employees across more than 1,000 sites worldwide, Geodis is a major addition to Ajax’s growing industrial and employment base. This investment reinforces Ajax’s position as a strategic location for logistics and distribution, and we look forward to the economic benefits and job opportunities this project will bring to our community,” said Mayor Shaun Collier.
“Ajax is an exciting milestone for us — our first location in the community, adding to our growing footprint across the Durham Region. As a third-party logistics provider, we serve a wide range of clients across industries, and this new facility gives us the infrastructure and location to do that at scale. Milwaukee Tool is a great example of the kind of partnership we build, and we look forward to growing our presence here and being a strong employer in this community for years to come,” said Bahi Kamalanathan, Geodis Senior Director Operations.