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Waterloo EDC Blog

News round-up: Nine great Waterloo business and investment stories from April 2019

Posted by Waterloo EDC on May 1, 2019

There was a lot of exciting news in Waterloo over the last month, including multiple major government funding announcements, significant news about Toyota’s manufacturing plans and reporting on a US tech exodus to Canada.

Here are nine great business and investment stories:

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Topics: quantum, technology, manufacturing, automotive, artificial intelligence

Manufacturing excellence drives new Toyota investment in Waterloo

Posted by Waterloo EDC on April 30, 2019

Less than one year after announcing a $1.4 billion investment in its Ontario operations, Toyota Motor Manufacturing Canada (TMMC) has announced production of a new vehicle at its award-winning Cambridge plant in Waterloo Region.

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Topics: manufacturing, automotive

Find out what makes the Waterloo autotech ecosystem unique (with video)

Posted by Waterloo EDC on March 26, 2019

Our new cluster map captures 80+ autotech businesses, including global OEMs, suppliers and a collection of very exciting startups. What is driving the growth of this unique ecosystem?

Watch our new video to find out.

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Topics: technology, manufacturing, automotive

3 reasons DESCH opened their North American Headquarters in Waterloo, Canada

Posted by Waterloo EDC on March 21, 2019

DESCH began as a German owner-operated family company more than 100 years ago and is now a global company specializing in advanced mechanical and plant engineering, serving the oil and gas, construction, mining, and marine industries. When looking to expand into North America, DESCH found a home in Waterloo, Canada.

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Topics: manufacturing, talent, site selection

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