Stream Plans Fourth Canadian Center
Stream International, a Canton, Mass., provider of online and off-line help desk services, will build a new facility, employing
up to 900 people, in London, Ontario.
“The skill levels of the applicants who attended our informational job fair and the overwhelming reception we received from the community in London were critical
factors in our decision,” said Robert T. Dechant, Stream’s COO.
The company is recruiting for all positions, including posts in customer service, finance, human resources, facilities, information technology, telecom, operations
planning, training and quality management.
Stream has signed a 10-year lease for a former box and label building in London. The site will be Stream’s fourth Canadian site and twenty-third overall. Stream
expects to complete construction of the center in May and be fully operational in June.
Stream was privately held until September when it was snapped up by
Milpitas, Calif.-based manufacturing software maker Solectron . Terms were not disclosed, although Stream tallied sales of $323
million in 2000.
Shares of SLR edged up 0.04 to 9.67 at midday. In the last 52 weeks, the issue has ranged from 3.26 to 24.5.