April 14, 2021 By Anthony Capkun
April 14, 2021 – Gerrie Electric Wholesale Ltd. (Burlington, Ont.) is the recipient of a FedDev Ontario repayable contribution of $1.4-million to support its continued growth.
With the $1.4-million, Gerrie Electric will consolidate its distribution operations into a 76,000-sf facility in Burlington, equip the facility with technologies such as automated storage and retrieval systems, and digitize its workflow process.
“The team at Gerrie Electric is very excited about the progress of our new distribution centre and our innovative warehouse technology that will drive even greater productivity to support new and growing sales and job satisfaction,” said Elaine Gerrie-Valentini, co-president & CEO.
This investment, says FedDev, will help improve “productivity and efficiency, grow domestic sales, and enable the company to be more sustainable, and to better compete in the global e-commerce industry”.
Gerrie Electric will also leverage an additional $4.7 million in private sector investment to “support robust supply chain solutions in southern Ontario by purchasing from local suppliers and contractors, create 10 skilled jobs, and maintain more than 450 jobs in Burlington”.
“We are thrilled to receive FedDev Ontario funding, and we are excited to jointly market this great opportunity to showcase Canadian efficiencies for a great Canadian success story,” added Gerrie-Valentini.
Gerrie Electric is a third-generation, family-owned Women Business Enterprise, and is among Canada’s Best Managed Companies.
The Federal Economic Development Agency for Southern Ontario “delivers programs and services to support innovation and economic growth in southern Ontario—Canada’s most populous region”.
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