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General Business Updates and News
Almost the perfect response to the article below:
http://www.therecord.com/news-story/7138...-building/

CTV segment on what is driving commercial real estate in Waterloo Region.
http://kitchener.ctvnews.ca/video?clipId...tPageNum=1
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...Outhit wrote that?!
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Frito Lay expanding its Cambridge production facility


http://m.therecord.com/news-story/724925...-warehouse
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"Ascent buys former BlackBerry data centre in Cambridge"
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Kitchener company to make machine guns for Canadian Armed Forces

http://kitchener.ctvnews.ca/mobile/kitch...-1.3519937

Not really as surprising as the article title may imply as Colt Canada (and Diemaco before it) has been making several types of firearms for the CAF for more than two decades now.
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(07-26-2017, 06:52 PM)Elmira Guy Wrote: Kitchener company to make machine guns for Canadian Armed Forces

http://kitchener.ctvnews.ca/mobile/kitch...-1.3519937

Not really as surprising as the article title may imply as Colt Canada (and Diemaco before it) has been making several types of firearms for the CAF for more than two decades now.

They were making weapons for the CF when I was a member... and that's longer than 2 decades ago... Blush

Coke
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Tulip Retail raised a $50 Million Series B round.

http://betakit.com/tulip-retail-raises-5...r-perkins/
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KEI (formerly Kuntz Electroplating) is starting a new $10.8 million dollar production line.

http://www.570news.com/2017/08/24/kitche...workforce/
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This is not new news but does anyone know if the steel nail factory announced in this article (2014) ever opened in Kitchener?

http://kitchener.ctvnews.ca/mobile/wynne...-1.2075026
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The Record reported the other day that Cambridge animal vaccine manufacturer Gallant Custom Laboratories http://www.gallantcustomlaboratories.com/ will move in about a year's time to a former ComDev plant that will triple its size. Employment (currently 13 employees) may triple over the next three to five years.

https://www.therecord.com/news-story/751...ce-crunch/
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(08-25-2017, 06:51 AM)rangersfan Wrote: This is not new news but does anyone know if the steel nail factory announced in this article (2014) ever opened in Kitchener?

http://kitchener.ctvnews.ca/mobile/wynne...-1.2075026

Is that THS Industries Ltd on Manitou Dr?

http://thsindustries.ca/index.html
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The Record: "Amazon searching North America for second HQ"

Amazon has announced a public search for where they'll locate their 2nd HQ. They're looking for a metropolitan area with a population of more than 1M, but I think Waterloo Region could make a strong case with our proximity in the GGH, strong high-tech industry, and international airport. Probably a long shot, but it would be incredibly transformative if we’re successful.

More details here: www.amazon.com/amazonHQ2
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The only viable Canadian locations would be Toronto/GTA or Montreal. Too big for any other of our urban areas, istm. Although if the Province undertook to fast-track the HSR (so to speak!) ...
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Seattle location has 20K employees: that's more than double what Blackberry had in Waterloo at the peak. It's quite large for us, and a longshot.

And yet, consider the Schneider's lands, for example. 30-acre infill (with more industrial land nearby if they need to expand) with high density could likely handle quite a large campus with high density. Next to public transit (check), a few minutes from the expressway (check), less than an hour from YYZ (check) and even closer to YKF (check).

It's a long shot but ...
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(09-07-2017, 10:54 AM)tomh009 Wrote: Seattle location has 20K employees: that's more than double what Blackberry had in Waterloo at the peak.  It's quite large for us, and a longshot.

And yet, consider the Schneider's lands, for example.  30-acre infill (with more industrial land nearby if they need to expand) with high density could likely handle quite a large campus with high density.  Next to public transit (check), a few minutes from the expressway (check), less than an hour from YYZ (check) and even closer to YKF (check).

It's a long shot but ...

It would be a longshot, but it would be ideal.

What bugs me is the shopping for tax breaks.  They should come here because we have the talent and tech environment.
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