- Port Colborne selected for
Asahi Kasei's new lithium-ion battery separator plant, reinforcing
Ontario's role in the EV supply
chain.
- BMI coordinated a multi-sector team to meet the infrastructure
needs for Asahi Kasei's facility, enhancing the region's status as
an emerging hub for the EV supply chain.
- Asahi Kasei acquires approximately 200 of 400 acres with
adjacent acreage available for commercial and industrial
development.
PORT
COLBORNE, ON, May 14, 2024
/CNW/ - Following the success of the Thorold Multimodal Hub at
Niagara Ports, the BMI Group has secured another strategic win for
the Niagara region with the selection of Port Colborne for Asahi Kasei's new
lithium-ion battery separator plant.
The Thorold Multimodal Hub at Niagara Ports, an award-winning
multimodal industrial complex developed by the BMI Group in
collaboration with its development partners has attracted
significant investments and key industry players, enhancing the
region's industrial capabilities.
Building on this success BMI strategically acquired 400 acres in
Port Colborne to expand the
capability of Niagara Ports.
When the property was shortlisted as a contender, Justus Veldman, BMI Market and Business
Development Officer, coordinated a multi-sector team to meet all
infrastructural requirements for Asahi Kasei's facility in
Port Colborne, reinforcing the
region's role as an emerging EV supply chain hub.
This collaborative initiative involving 19 stakeholders—from the
City of Port Colborne and the
Region of Niagara to the St. Lawrence Seaway Management Corporation
and Invest Ontario—culminated in Port
Colborne being selected as the site for Asahi Kasei's new
facility.
This success underscores the power of multi-sector collaboration
in realizing new economic potential. Of the 400 acres, Asahi Kasei
has acquired approximately 200 acres with adjacent acreage
available for commercial and industrial development, which promises
expansive regional growth opportunities.
Paul Veldman, CEO of the BMI
Group, emphasized the broader regional impact: "With major
investments across Ontario,
including GM in St. Catharines,
Linimar in Welland, and Asahi
Kasei in Port Colborne, Niagara is
rapidly emerging as an EV supply chain powerhouse. BMI's Port of
Red Rock project will further
position Ontario as a leader in
the EV sector with the development of the Critical Mineral Corridor
connecting lithium mining and refining in the north with
manufacturing in the south."
About The BMI Group:
The BMI Group specializes in transforming strategic properties
into multi-use industrial, commercial, residential, and hospitality
spaces focused on scaling social and economic potential through
multi-sector collaboration and award-winning sustainable
development.
For more information, please visit:
www.thebmigroup.ca
SOURCE BMI Group