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Waterloo EDC Blog

Tech innovator IMS announces big growth plans in Waterloo

Posted by Waterloo EDC on August 28, 2020

What a difference two years make.

In September 2018, IMS – an autotech innovator specializing in connected car technology – was placed in receivership. A few months later, the company emerged from receivership with a new owner: Trak Global Group from the United Kingdom.

This week, the company announced plans to double its workforce in Waterloo. IMS currently has 70 employees in Waterloo,...

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Topics: technology, automotive, talent, business

Auto manufacturers lead in Canada’s historic industrial mobilization

Posted by Waterloo EDC on April 30, 2020

We’re all doing our best to help. That’s what we need right now.

For most of us, that means staying inside, respecting the call for physical distancing and, for those with the resources, giving what we can to charities and hospitals.

For many companies, this means offering their products for free or creating new products/services that will help individuals, businesses and communities cope...

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Topics: manufacturing, automotive, talent, Q&A

News roundup: Google expands, autotech headlines and more

Posted by Waterloo EDC on March 3, 2020

February marked exciting times for Waterloo with Google’s big Canadian expansion announcement, the University of Waterloo making waves in autotech innovation and much more.

Here’s a rundown of what happened in Waterloo this February:

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Topics: technology, automotive, talent, business, site selection

News roundup: Waterloo kicks off new decade with big headlines

Posted by Waterloo EDC on February 4, 2020

Waterloo kicked off the new year and a new decade right with big business and investment news - from medical incubators opening their doors to major new funding for a local Internet-of-Things company. If January is any indication, 2020 is going to be a big year for Waterloo.

Here are six Waterloo business and investment stories from January:

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Topics: technology, automotive, talent, business, site selection

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