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Waterloo EDC Blog

What kind of office/industrial space does my company need?

Posted by Waterloo EDC on September 3, 2020

This is the ninth part in our "Guide to Foreign Business Expansion" series tackling the 12 questions every business needs to ask. Download the full guide now.

A major step to consider when developing an expansion strategy is assessing the size and type of work/office/industrial space needed. Remember, not every expansion requires the creation of a full-scale office or manufacturing facility....

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Topics: R&D, ecosystem

What kinds of cost advantages can my company benefit from?

Posted by Waterloo EDC on July 23, 2020

This is the sixth part in our "Guide to Foreign Business Expansion" series tackling the 12 questions every business needs to ask. Download the full guide now.

The draw of cost advantages is one of the most common reasons we encounter from businesses looking to expand. After all, finding ways to cut costs can make a business more profitable – or even make a business viable.

But, it’s one thing to...

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Topics: talent, R&D, cost advantages

Heating is high-tech at Viessmann Canada

Posted by Waterloo EDC on July 15, 2020

Few manufacturing and assembly companies can say they have thrived for over four decades in one community while being part of a century-old global and family-owned business. Viessmann Canada has not only done that, it is now transitioning the company’s products into a whole new and exciting digital era.

The company’s most recent iteration involves an expansion of its research and development...

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Topics: manufacturing, R&D, expansion stories

Three business expansion priorities in a post-COVID world

Posted by Waterloo EDC on June 22, 2020

COVID-19 won’t change everything.

For businesses looking to expand, the basics are still important. Access to new and experienced talent, cost advantages, local business ecosystem, business support programs and resources, R&D capabilities, transportation linkages and access to a global market will remain central parts of every expansion decision.

However, the vulnerabilities that COVID-19 exposed...

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Topics: technology, R&D, quality of life

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