Day One of Premier's Mission Delivers More Than $120 Million in Agreements

Today in Tokyo, Premier Kathleen Wynne met with leaders from across Ontario and Japan to announce new business agreements valued at $120 million that are expected to deliver 170 jobs in Ontario.

Ontario and Japanese businesses and institutions announced 15 new business agreements and partnerships, including:

  • Ontario's Centre for Commercialization of Regenerative Medicine (CCRM) signed an MOU with Japanese-based Healios to execute a series of agreements estimated at $60 million. The agreements between CCRM and Healios will create opportunities for technology transfer and licensing, cooperation on clinical trials, manufacturing and training across Japan and Ontario
  • Futaba Industrial Co. Ltd. is investing more than $50 million to expand their plant in Stratford, Ontario. The investment will equip the plant with new hot stamping machinery imported from Japan
  • McMaster University, Centennial College and Seneca College signed a total of six MOUs with Japanese academic institutions, demonstrating the regions' common commitment to postsecondary education, research excellence and innovation.

Read the full story at news.ontario.ca.

Victoria Krisman
Victoria Krisman is Interactive Media Specialist and Communications Manager for the Intelligent Community Forum.
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