Month: November 2015

Two Waterloo companies to get cash influx from Ontario government

WATERLOO—The Ontario government is pumping more than $600,000 into two Waterloo, Ont. manufacturers through the Southwestern Ontario Development Fund. The province said the investment will create 18 jobs at Tri-Mach Group Inc. and Demtool Inc., while retaining more than 70 others. Read more at canadianmanufacturing.com.

Ontario helps Mississauga snack maker ‘puff’ up with $1M investment

MISSISSAUGA, Ont.—Snack maker, Super-Pufft Snack Corp. is getting a $1 million boost from the Ontario government’s Food and Beverage Growth Fund. The investment will help the company invest in a new canister crisp line, creating 34 new jobs and retaining more than 300 others. Read more at Canadianmanufacturing.com

Ontario manufacturers to get $1.1M boost from province’s development fund

TORONTO—Several days after investing nearly $2 million in three Cambridge, Ont. manufacturers, the province’s Southwestern Ontario Development Fund has announced a further $1.1 million investment into three different Ontario businesses. The province will invest $440,900 into Walinga Inc.’s expansion of its Guelph and Fergus, Ont. operations, a project that will create 25 new full-time jobs …

Ontario manufacturers to get $1.1M boost from province’s development fundRead More »

Toronto firm launches project that uses giant underwater ‘balloons’ to store energy

TORONTO—Three kilometres off the south shore of Toronto Island, underneath 55 metres of water, a series of balloon-like structures chock-full of compressed air are pumping electricity into Toronto’s energy grid. In the frigid depths of Lake Ontario, Toronto cleantech startup, Hydrostor Inc., and its partner, Toronto Hydro, have launched the world’s first underwater compressed air …

Toronto firm launches project that uses giant underwater ‘balloons’ to store energyRead More »

Ontario to invest nearly $2M in Cambridge manufacturers

TORONTO—The government of Ontario has announced investments in three Cambridge, Ont.-based businesses in an effort to create and retain more than 600 jobs. The province will pump nearly $2 million into Kodiak Group Holdings Co., Tenneco Inc. and Upland Technologies Inc. through the Southwestern Ontario Development Fund. “These companies are valued employers in this community …

Ontario to invest nearly $2M in Cambridge manufacturersRead More »

GM funding University of Waterloo research chair, launches ‘research outpost’

TORONTO—GM Canada has provided $1 million to the University of Waterloo’s Engineering Faculty to fund a Research Chair in advanced materials, while also sponsoring engineering student design projects involving software development, which is key to GM Canada’s work on “the connected car.” “Waterloo Engineering has a longstanding partnership with GM Canada. Their support of our …

GM funding University of Waterloo research chair, launches ‘research outpost’Read More »

Scroll to Top