Leveraging Manufacturing for a Stronger Tomorrow

With the launch of the Hamilton Industrial Park Energy (HIPE) Network, 360 Energy has delivered a groundbreaking initiative to transform the energy landscape for businesses in Hamilton’s industrial parks. The HIPE Network leverages Canada’s competitive energy advantages to empower manufacturers with tools and strategies for reducing costs, meeting carbon regulations, and driving long-term competitiveness.

With Canada’s manufacturing sector facing significant challenges, including a 5% contraction since 2018 and growing reliance on energy exports to offset trade deficits, the HIPE Network provides a much-needed framework for change. By integrating energy management into business operations, the initiative aligns with national priorities and community involvement in rebuilding industrial capacity while supporting decarbonization goals.

Energy is no longer just an operational cost; it’s a strategic asset. The HIPE Network helps businesses transform energy challenges into opportunities, driving profitability, sustainability, and resilience.
– David Arkell, President & CEO of 360 Energy.

Empowering Businesses through Energy

The HIPE Network’s 12–24-month tailored program offers participants:

• Cost Reduction: Implementing energy-saving measures for up to 300% ROI.
• Regulatory Compliance: Navigating evolving carbon and energy regulations.
• Collaborative Innovation: Sharing best practices within a network of like-minded businesses.

Leveraging Canada’s Energy Advantage

With electricity costs 60% lower than the G7 average and one of the cleanest energy grids globally, Canada is uniquely positioned to lead in sustainable manufacturing. The HIPE Network taps into these strengths, offering a pathway for businesses to enhance productivity, support decarbonization, and build resilience in a volatile global market.

This initiative also addresses critical insights from the National Bank of Canada’s recent report on manufacturing. It highlights the urgent need to rebuild Canada’s industrial base to secure innovation, productivity, and economic resilience.

A Vision for the Future

By integrating insights from the National Bank report and aligning with Canada’s energy capacity, the HIPE Network offers a clear path forward for revitalizing manufacturing. It underscores the need for coordinated efforts that prioritize energy as a cornerstone of industrial policy.

As a flagship initiative, the HIPE Network exemplifies how targeted programs can rebuild industrial competitiveness, empower businesses to innovate, and position Canada as a leader in sustainable manufacturing.

The HIPE Network is not just an energy program; it’s a call to action for revitalizing Canadian manufacturing. By focusing on using energy as strategic tool that empowers manufacturing to thrive while contributing to a stronger, more sustainable economic future.

Explore the HIPE Network page for more details.