A jobs-generating new facility is coming to Oro Medonte.
Officials were on hand at the Oro-Medonte Administrative Centre today to reveal details of a new automotive innovation, testing, and research facility that is expected to create more than 700 new jobs in town. The construction of the building alone is predicted to generate 1,800 jobs.
Once complete, an indoor complex would house facilities for studying and testing automotive products and technology, while it would feature an outdoor motor sport track for private and commercial use. It would be built directly across from the Lake Simcoe Regional Airport on Line 7 near Highway 11. . “Our County Council supported the creation of the Automotive Innovation Park as it aligns with our goals to drive our economy forward.” said County Warden George Cornell, “As the future majority shareholder in the neighbouring Lake Simcoe Regional Airport, this development will also complement and help to maximize the significance of this area as a budding economic development district.”
It is expected this new build could support more than 50 per cent of job growth forecasted for Oro-Medonte through to 2031.