Veritiv Corporation, a full-service strategic distribution company offering business-to business solutions, recently held a ground breaking ceremony to announce the construction of a new Canadian headquarters location in Mississauga. The approximately $70 million investment, phased over the next few years, is scheduled to be complete by mid-2017.
The new 450,000 square foot facility will increase the company’s operational efficiencies by consolidating three existing Greater Toronto Area facilities, further retaining 350 jobs. As a newly announced Fortune 500 company, Veritiv’s new Canadian headquarters is an addition to the Fortune 500 business community with a headquarters of major regional/divisional offices in Mississauga. As of 2016, Mississauga is home to 73 such globally leading companies. For a complete list of Mississauga’s Fortune 500 global companies with headquarters and/or major regional/divisional offices, please review the Leading Businesses in Our Community e-Brochure profile.
This investment demonstrates Veritiv’s confidence in the City of Mississauga and further sends a clear signal to the investment community that Mississauga is the best location to invest, grow and succeed.
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