Waterloo EDC Blog

The dog days of summer usually mean a slow-down for business investment as time off to enjoy the sunny weather take precedence over big announcements. That wasn’t true this August.

This month, Waterloo celebrated plans to significantly grow a local tech company that was in receivership just two years ago, welcomed new tech and manufacturing companies to the community and launched an international...

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, which...

A new showcase facility for skilled trades education is set to open in Waterloo Region. In late November, Conestoga College announced the $33.5 million purchase of a 250,000 square foot facility, with plans to consolidate all trades programming under one roof.

A new report says Japanese-brand automotive manufacturers produced nearly half of all cars and light-duty trucks made in Canada in 2018. The Japanese Automobile Manufacturers Association (JAMA) of Canada produces an annual industry review that reports on total manufacturing numbers, production share, import/export and more.

Leading the way is Waterloo-based Toyota Motor Manufacturing Canada...