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+--- Thread: General Business Updates and News (/showthread.php?tid=63)
RE: General Business Updates and News - panamaniac - 06-20-2016
Another manufacturer expanding - this time Aecon in Cambridge - 60 to 80 new jobs over next six months:
http://www.therecord.com/news-story/6732282-aecon-nuclear-investing-in-cambridge-plant/
RE: General Business Updates and News - rangersfan - 06-21-2016
Thanks for posting, I didn't know that Aecon had a hand in the nuclear scene.
RE: General Business Updates and News - rangersfan - 07-14-2016
Local firm cements $130 million contract with Bruce Power.
http://m.therecord.com/news-story/6763273-bwxt-lands-130-million-contract-for-bruce-power-refurbishment
Ggg
RE: General Business Updates and News - panamaniac - 07-26-2016
Cybersecurity firm Trustwave expands in Waterloo
Waterloo Region Record
By Brent Davis
WATERLOO — Data security firm Trustwave has expanded its Canadian headquarters in Waterloo Region.
The Chicago-based company has moved to a new 11,300-square foot office on Kumpf Drive in Waterloo from its previous home in Cambridge.
The company currently employs about 65 people in Waterloo, and is in the midst of growing its team. Canada country manager Michael Sims — himself a new addition to Trustwave in April — said he expects the Canadian operation will have more than 100 employees by the end of the year. ...
http://www.therecord.com/news-story/6782752-cybersecurity-firm-trustwave-expands-in-waterloo/
RE: General Business Updates and News - notmyfriends - 08-03-2016
Interesting news from 2 local brokerages...
Lackner McLennan Insurance Ltd. announced on Tuesday that it has acquired Erb and Erb Insurance Brokers Ltd.
James Chmiel, president of Erb and Erb, said that although it likely would have been advantageous, the insurance broker did not entertain any offers from insurance companies, brokers or other entities outside of the Waterloo Region. “Our priority was and is the long term well-being of our staff and clients,” he said. “This commitment governed all of our decisions.”
http://www.canadianunderwriter.ca/insurance/ontarios-lackner-mclennan-acquires-erb-erb-insurance-brokers-1004097626/
RE: General Business Updates and News - rangersfan - 08-19-2016
BWXT is buying GE Hitachi a complementary business in the nuclear industry.
http://m.therecord.com/news-story/6814840-cambridge-based-bwxt-canada-buying-ge-hitachi-nuclear-energy-canada
RE: General Business Updates and News - panamaniac - 08-19-2016
(08-19-2016, 05:51 AM)rangersfan Wrote: BWXT is buying GE Hitachi a complementary business in the nuclear industry.
http://m.therecord.com/news-story/6814840-cambridge-based-bwxt-canada-buying-ge-hitachi-nuclear-energy-canada
I wonder if this will have any consequences for employment in Cambridge?
RE: General Business Updates and News - rangersfan - 08-30-2016
Mitchell Plastics in Kitchener received a $1.5 million dollar investment from the provincial government, could see the company generate 60 more jobs.
http://kitchener.ctvnews.ca/mobile/kitchener-manufacturer-gets-1-5-million-from-province-1.3050494
RE: General Business Updates and News - Elmira Guy - 09-02-2016
Colt Canada to make 6,800 new rifles for the Canadian Rangers
http://kitchener.ctvnews.ca/mobile/colt-canada-to-make-6-800-new-rifles-for-the-canadian-rangers-1.3056861
RE: General Business Updates and News - panamaniac - 10-19-2016
From today's e-Record:
Shimco http://www.shimco.com/index.html has completed its move from Markham to its new plant in Cambridge. The company, a manufacturer of precision components for the aerospace, defence, space and industrial markets, says the 25,000-square-foot plant on Heroux Devtek Drive gives it increased capacity and advancements in manufacturing processes, including a new flexible manufacturing system. The company, which currently employs 47 people, said a 30,000-square-foot expansion is in development to support in-house processing and establish a research and development centre. Shimco announced plans to move to Cambridge in 2015
RE: General Business Updates and News - rangersfan - 10-19-2016
Article about a local start up 'Encircle' sounds like they are on the path to success.
http://m.therecord.com/news-story/6917912-encircle-ensures-speedy-claim-processing
RE: General Business Updates and News - rangersfan - 10-20-2016
Ctrl V, apparently has expanded to a second local location and has plans for rapid expansion.
http://kitchener.ctvnews.ca/mobile/after-starting-in-waterloo-vr-arcade-plans-rapid-expansion-1.3121750
RE: General Business Updates and News - rangersfan - 10-23-2016
Article on Isara Corp sounds like they have incredible opportunity in front of them.
http://m.therecord.com/news-story/6924158-waterloo-startup-focuses-on-security-for-the-quantum-age
RE: General Business Updates and News - rangersfan - 11-01-2016
Axonify has secured 27 million dollars in financing, and looks poised to grow both their customer base and employee count.
http://www.waterloochronicle.ca/news-story/6942011-axonify-accelerating-growth-with-27-million-investment/
RE: General Business Updates and News - rangersfan - 11-03-2016
Karos Health has been purchased by an American company.
http://m.therecord.com/news-story/6944151-waterloo-s-karos-health-being-acquired-by-u-s-firm