Amazon has purchased a Canadian manufacturing company and is investing millions of dollars in Canada’s largest retail giant, the company announced Tuesday.
“It’s a great day for Canada,” Amazon Canada CEO Tim Lebow said in a statement.
“Canada is home to some of the world’s largest and best-known online retailers, and our Canadian workforce is dedicated to making our customers’ lives better.”
Lebow did not provide any details about the company’s purchases.
In the statement, Lebow noted that Amazon has spent nearly $1.5 billion in Canada since 2013.
Amazon’s announcement comes just days after the Canadian government approved Amazon’s purchase of the company.
“We’re delighted to be able to expand our Canadian presence and create new jobs here in Canada, while building on the enormous strengths of the Canadian economy,” Amazon CEO Tim Van Buren said in the statement.
The company also said it would invest $100 million to expand its online retail operations in Canada.
The announcement comes as Amazon has become a global brand, with more than 1.5 million stores in the United States and Canada, and more than 200,000 online retail stores worldwide.