Ontario drone maker, Aeryon Labs, secures $60M in growth financing

24. Oct. 2015 News & Commentary   0 comments

Waterloo, Ont.—Aeryon Labs Inc., a company that’s gone from fledgling to global player in less than a decade, has taken the next step in its effort to dominate the skies. The Waterloo, Ont.-based small unmanned aerial systems manufacturer has secured a $60 million investment from global growth equity firm, Summit Partners. The company said the influx …

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Ontario Helps Brass Fittings Maker Grow its Business

23. Oct. 2015 News & Commentary   0 comments

October 23, 2015 9:10 A.M. Ministry of Economic Development, Employment and Infrastructure Ontario is partnering with Cambridge Brass Inc. to expand and grow the company’s Cambridge plant, creating 18 new jobs and retaining over 100 positions over five years. Cambridge Brass Inc. is a manufacturer of brass fittings for water utility professionals in Canada, the …

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Honda launches 2016 Civic into mass production at Alliston, Ont. plant

21. Oct. 2015 News & Commentary   0 comments

ALLISTON, Ont.—The assembly lines at Plant 1 of Honda of Canada Mfg. came to a rare halt Oct. 20 as the first 2016 Honda Civic rolled off the line amid a crowd of cheering workers and a whole host of visitors from around the world. The 10th generation Civic, which the company called the “most …

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Searching for Canada’s competitive advantage in manufacturing

20. Oct. 2015 News & Commentary   0 comments

Searching for Canada’s competitive advantage in manufacturing was the theme at a recent Ivey Idea Forum we attended, where leaders such as Siemens Canada’s Robert Hardt and Linamar Corp.’s Linda Hasenfratz shared their thoughts on what Canadian manufacturers already do well and what more can be done to give us that global competitive edge. Read …

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In search for competitive advantage

16. Oct. 2015 News & Commentary   0 comments

Canadian manufacturing was hard hit by the global recession. Compared with 2000, manufacturing GDP is down 11 percent. Employment has declined by 24 percent. Yet manufacturing continues to make a critical contribution to the Canadian economy. In order to succeed, Canadian manufacturers need to develop new strategies for competitive advantage. To help meet this challenge, …

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Ontario First to Test Automated Vehicles on Roads in Canada

13. Oct. 2015 News & Commentary   0 comments

Province Supports Innovation in Transportation Technology. Ontario is launching a new pilot to allow for the testing of automated vehicles on Ontario roads. Automated vehicles are driverless or self-driving vehicles that are capable of detecting the surrounding environment using artificial intelligence, sensors and global positioning system coordinates. Automated and connected vehicle technologies have the potential …

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