With its central location, easy access from Highway 402, and a well maintained county road system, Strathroy-Caradoc has a labour pool of almost a quarter of a million people to draw from.
Additionally, close to half a million people live within a 30 minute drive of Strathroy-Caradoc. This includes London and St. Thomas. We have a diversified and well-educated workforce with over 40% having completed postsecondary education. Of these, 80% have received certificates or diplomas from technical/business colleges and trade schools.
A low rate of unionization also makes Strathroy-Caradoc an attractive place for business. Within our top 5 automotive businesses only 1 is unionized. Hourly wage rates on average vary from $14 to $33.
Further, all 5 companies substantiate that hiring of qualified personnel has never been an issue.
- Total Population: 20 600
- Population Within 30 Minutes: 460 000
- Total Labour Force: 11 700
- Labour Force Within 30 Minutes: 240 400
- Percentage of Work Force with Post-secondary Education: 42
- Manufacturing Unionization Rate (%): 5.4
Top 5 Automotive Parts Manufacturers in Strathroy-Caradoc
- Meridian Technologies: Manufacturer of high pressure magnesium die castings
- Vari Form Inc: Manufacturer of structural tube components
- Wescast Industries Inc: Machining
- Autotube: Manufacturer of tube components
- Parmerit: Manufacturer of tooling and automated equipment