MANA has a 60-acre site that it is making available to HOPA for development. (HOPA photo)
HAMILTON, Ontario – HOPA Ports (Hamilton Oshawa Ports Authority) and Max Aicher North America (MANA) will work together to develop a parcel of MANA’s Hamilton harbourfront property.
In the course of modernizing its existing Hamilton facility, MANA, which supplies hot rolled steel bar products, has identified 60-acres of its site as surplus to its operational needs. The site is located in the northeast corner of pier 18, within Hamilton’s Bayfront industrial area, and is served by marine, rail and road transportation.
The property includes open space for outdoor storage, and more than eight acres of warehouse buildings.
“As we solidify our position in North America, this alliance helps us make full use of our assets,” said MANA CEO, Walter Sommerer. “The move is part of a long-term commitment to our Hamilton operation.”
While MANA will retain ownership of the property, HOPA Ports will take on active management of the site, and will begin marketing the space immediately.
“This land can be put to great use to attract economic activity and employment to Hamilton,” said Ian Hamilton, president and CEO of HOPA Ports.
“We have a great deal of pent-up demand from modern industrial users who are looking for access to multiple modes of transportation, within the Greater Toronto-Hamilton market.”
Over the past 10 years, HOPA Ports has attracted more than $350 million in investment in the ports of Hamilton and Oshawa.
Anticipated uses for the MANA property include flexible storage of steel and manufacturing components, warehousing and transloading of materials for the construction and manufacturing sectors, value-add processing, and other logistics uses essential to a responsive industrial supply chain.
This alliance complements MANA’s existing Hamilton operations, where the company produces specialized, high-strength reinforcement steel used in high-rise, commercial and industrial projects across North America.
The property will be managed under HOPA Ports’ subsidiary Great Lakes Port Management, established to manage non port-owned multimodal industrial properties in Ontario’s Greater Golden Horseshoe.