HOPA Ports and Max Aicher North America (MANA) announced an agreement to cooperate on the future development of a portion of MANA’s Hamilton harbourfront property.
In the course of modernizing its existing Hamilton facility, MANA has confirmed a 60-acre portion 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 & 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.”