Ross Video plans C$122.5 million manufacturing and R&D expansion
Ross Video announced its intention to invest C$122.5 million to expand its manufacturing and research and development (R&D) operations. This expansion is supported by Invest Ontario and is projected to create 125 highly-skilled jobs.
Key Takeaways
- Ross Video’s planned investment totals C$122.5 million.
- The expansion covers both manufacturing and research and development operations.
- Invest Ontario is supporting the project.
- The company expects to create 125 highly-skilled jobs.
Why It Matters
Ross Video is adding C$122.5 million to manufacturing and R&D, which directly expands its production and product-development footprint. The Invest Ontario backing signals public support for the project, and the planned 125 highly-skilled jobs point to a material operational buildout. For StreamingMeme readers, the concrete signal to watch is whether Ross Video follows through with job creation tied to this investment and how quickly the expanded facilities come online.
Read full article at tvtechnology.com
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