- Creating more than 1,000 new jobs
- Adding more than a million sq. ft. in facility space across
Canada
- Setting new benchmark with half of Canadian fleet to run on
alternative fuel
- Introducing compressed natural gas vehicles
MISSISSAUGA, ON, March 21, 2018 /CNW/ - With unprecedented volume
fueled by the rise of e-commerce and the growth of Canadian
businesses, UPS plans to invest more than $500 million towards facility expansions and
technological enhancements in Canada, adding more than 1,000 new jobs. The
investment in Canada is included
in the company's previously stated capital expenditures for
2018.
Prime Minister Justin Trudeau
joined UPS Chairman and Chief Executive Officer, David Abney in Toronto today to formally announce UPS's major
investment in Canada at the
company's global management conference, held at the Fairmont Royal
York.
Construction of a $125-million,
180,000 sq. ft. expansion to the company's Montreal hub, which will be UPS's first
automated sorting facility in Canada, has already begun. Additional
facility-based projects include expansions in the Greater Toronto Area and other parts of
Ontario as well as Quebec, British
Columbia, Alberta and
Manitoba.
"UPS is the kind of company we want in Canada, one that invests in its people and
creates better opportunities for hard working folks to get ahead. I
am thrilled they will expand their Canadian operations, invest in
our economy, and create so many good, well-paying middle class jobs
for Canadians," said Prime Minister Justin
Trudeau.
As the first market in the company's international expansion in
1975, UPS's Canadian operations have grown to include more than
12,000 employees, 1,100 UPS Access Point locations and 63
facilities covering more than 2.3 million sq. ft.
"UPS Canada is capitalizing on
customer growth and solid operating leverage," stated UPS Chairman
and Chief Executive Officer, David
Abney. "Strong returns coupled with continued customer
demand create an optimal time for this investment that we expect to
even further contribute to Canada's vibrant economy."
In addition to optimizing the UPS Canada network through
facility expansions and improvements, UPS will maintain its focus
on meeting environmental sustainability goals through the use of
alternative fuels and technology designed to reduce distance and
fuel consumption. UPS Canada has
set a goal to have 50 percent of its fleet running on alternative
fuels by the end of 2018. The company has also launched a
fleet of compressed natural gas vehicles in British Columbia, a first for UPS in
Canada.
"UPS is committed to investing in the infrastructure, workforce
and technology that will help Canadian businesses grow and enable
Canadian consumers to acquire their goods efficiently and
sustainably," stated Christoph Atz,
president, UPS Canada.
About UPS:
UPS (NYSE: UPS) is a global leader in logistics, offering a broad
range of solutions including transporting packages and freight;
facilitating international trade, and deploying advanced technology
to more efficiently manage the world of business. Headquartered in
Atlanta, UPS serves more than 220
countries and territories worldwide. The company can be found on
the web at ups.com® and its corporate blog can be found at
longitudes.ups.com. To get UPS news direct, visit
pressroom.ups.com/RSS or follow @UPS_Canada and @UPS_SmallBizCA on
Twitter.
SOURCE UPS Canada Ltd.