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+-- Forum: Waterloo Region Works (https://www.waterlooregionconnected.com/forumdisplay.php?fid=14)
+--- Forum: Waterloo Region Economy (https://www.waterlooregionconnected.com/forumdisplay.php?fid=26)
+--- Thread: General Business Updates and News (/showthread.php?tid=63)
RE: General Business Updates and News - rangersfan - 12-06-2018
Some slightly older news, recently seen the Sunlife sign.
http://whitneyre.com/userContent/documents/Whitney%20InSite/WhitneyINSITE-Q2-2018-.pdf
Sunlife has leased 74,000 SF at 600 Weber St N, Waterloo
Mappedin has moved from Downtown to the Waterloo Technology Centre 410 Albert St, Waterloo, leasing 15,000 SF.
RE: General Business Updates and News - rangersfan - 12-06-2018
(12-05-2018, 09:52 PM)tomh009 Wrote:In addition they have a larger Technology Centre at 55 Columbia St E, Waterloo.(12-05-2018, 09:29 PM)rangersfan Wrote: TD is opening the Sustainable Future Lab in Evolve1. Very cool initiative.
http://www.coragroup.com/2018/11/evolv1-welcomes-td-sustainable-future-lab/
They also have a lab at Communitech.
RE: General Business Updates and News - rangersfan - 12-12-2018
Artic Wolf Networks which has a Waterloo office has acquired Kitchener cyber security company RootSecure.
https://www.crn.com/news/security/arctic-wolf-buys-vulnerability-assessment-startup-rootsecure
RE: General Business Updates and News - rangersfan - 12-14-2018
AirBoss is expanding its capabilities at their Kitchener production facility.
https://www.therecord.com/news-story/9079880-airboss-expanding-kitchener-plant/
RE: General Business Updates and News - panamaniac - 12-14-2018
It annoys me when the Record carries stories like that without mentioninng whether/how many new jobs will result.
Does anyone have any idea how much of the plant Air Boss actually uses?
RE: General Business Updates and News - panamaniac - 12-16-2018
I don't think that James E. Wagner Cultivation (JWC) has its own thread (yet?), but I see that they have officially opened the first phase of their operation in the former Lear Seating plant on Manitou Dr, with plans to hire 400 employees.
https://www.kitchenertoday.com/local-news/jwc-kitchener-facilty-ready-to-grow-cannabis-1161993
RE: General Business Updates and News - rangersfan - 12-17-2018
Pretty good news, a company has bought Intelligent Mechatronics Systems after the company went into receivership earlier this year. Trak Global Group plans to invest and grow the company.
According to this article IMS had 118 employees in 2017 and is now down to 65.
https://news.communitech.ca/u-k-company-acquires-intelligent-mechatronic-systems/
RE: General Business Updates and News - robdrimmie - 01-03-2019
Waterloo EDC's CEO predicts surprising economic growth in 2019.
https://blog.waterlooedc.ca/waterloo-edc-ceo-predicts-economic-growth-2019
RE: General Business Updates and News - nms - 01-07-2019
There goes the neighbourhood... :-)
Let's hope that the existing, promised capital investments, both from private and public sources of support, materialize.
RE: General Business Updates and News - rangersfan - 02-07-2019
Another sad bit of news Clemmer Steelscraft`s facility of Albert St is closing.
https://www.therecord.com/news-story/9163419-clemmer-plant-closes-in-waterloo/
Although a post I made in this thread indicated something was up:
http://www.waterlooregionconnected.com/showthread.php?tid=5&page=18
RE: General Business Updates and News - bgb_ca - 02-07-2019
(02-07-2019, 09:32 PM)rangersfan Wrote: Another sad bit of news Clemmer Steelscraft`s facility of Albert St is closing.
https://www.therecord.com/news-story/9163419-clemmer-plant-closes-in-waterloo/
Although a post I made in this thread indicated something was up:
http://www.waterlooregionconnected.com/showthread.php?tid=5&page=18
I work near there and the building was sold about a month ago. All the tanks they were building are now gone off the site, and they had an online auction for surplus equipment. It actually is strange now seeing a large empty lot without those large tanks they were building there.
RE: General Business Updates and News - panamaniac - 02-08-2019
With the shutdown at Clemmer, it’s a bad week for manufacturing in the Region.
RE: General Business Updates and News - KevinL - 02-08-2019
The Clemmer property is walking distance to R&T Park Ion. Lots of possibilities for development.
RE: General Business Updates and News - rangersfan - 02-21-2019
Kitchener's Sci-Labs has been acquired by NTS.
https://business.financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/nts-announces-the-acquisition-of-sci-lab-materials-testing-inc
RE: General Business Updates and News - jgsz - 03-05-2019
I don't know if this has been mentioned earlier but it's good news for Kitchener-Waterloo. Cambridge cybersecurity firm eSentire plans move to Waterloo from Cambridge. According to this article 300 jobs will be moved from Cambridge to Waterloo.
Quote:The company has outgrown its current office and the new location in an area of Waterloo branded as the Idea Quarter will help with recruiting developer talent coming out of the University of Waterloo, said Yersh.
The Factory Square location is next to the LRT station in the David Johnston Research and Technology Park and very close to UW.
"Where we are in Cambridge isn't necessarily the easiest bus ride to get to if you don't have a car," said Yersh. "And you know the struggles with the 401 even coming down here with a car isn't the easiest either."
Those people in Cambridge who are opposed to the LRT should look at this and reconsider their opposition.