Economic Development News
Monday, September 17 2018
Photo caption: Mirexus Ribbon Cutting Line (from left: Mayor Cam Guthrie, Malcolm Campbell, MP Lloyd Longfield, Trevor Jones).
Guelph, Ontario, CN — Local business Mirexus Biotechnologies Inc. has moved into their newly built headquarters in the Hanlon Creek Business Park at the corner of Downey Road and Hanlon Creek Boulevard. Mirexus adds to the strong and diverse businesses that already operate in the business park.
Following the purchase of the 1.75–hectare (4.3–acre) parcel of land in July 2017, Mirexus broke ground on their development in September 2017 and completed construction this past July.
Mirexus was launched in Guelph in 2008 and has seen positive growth over their 10 years. From their beginnings at the University of Guelph to their new location and staff complement of 27, Mirexus has thrived as part of Guelph’s business community and all the support that comes with that.
“Guelph is renowned as Ontario’s agri-innovation cluster attracting both local and international companies,” says Barbara Maly, manager of Economic Development for the City of Guelph. “We’re happy that Mirexus continues to invest in Guelph, and that they play an important role in growing our community of innovative and progressive thinkers.”
Mirexus chose to stay and further invest in Guelph because of the community’s desirable location in the centre of Canada’s Innovation Corridor, access to research and talent provided by the close proximity to multiple post-secondary institutions, and great quality of life for employees.
“Our current location provides us with access to a group of top post-secondary institutions for research needs as well as the opportunity for future expansion of our facility,” says Phil Whiting, President and Chief Executive Officer at Mirexus Biotechnologies Inc. “Our employees also enjoy living here which makes Guelph the perfect place for our operation.”
The new Mirexus headquarters is 1,115 square metres (12,000–square feet) with room to grow in the future. Cutting-edge design features make Mirexus’ building an attractive entryway to the Hanlon Creek Business Park at Downey Road.
About Mirexus Biotechnologies Inc.
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Friday, September 07 2018
Photo Caption: Pfaff Subaru Groundbreaking ceremony at 12 Wilbert Street
Guelph, Ontario, CN — Pfaff Subaru broke ground on their new 2,050–square metre (22,000–square foot) dealership during a ceremony attended by Mayor Cam Guthrie, Pfaff Automotive Partners, Subaru and other community partners.
Guelph’s newest dealership will be built in the north end of the city at 12 Wilbert Street near Woodlawn and Elmira Roads. Pfaff Subaru will add to the existing strength and diversity of automotive dealerships already located in the area, providing new options for Guelph residents.
“I am thrilled to welcome Pfaff Subaru,” said Mayor Cam Guthrie. “This new dealership brings investment, jobs, and more consumer choice to our city. It’s a great addition to Guelph.”
Tuesday, March 20 2018
Guelph, Ontario, CN — The Conference Board of Canada, a national, independent research organization, has projected economic growth in the Guelph region at 2.2 percent in real gross domestic product (GDP). The Guelph region includes the City of Guelph, and Guelph/Eramosa and Puslinch Townships.
The Winter 2018 Outlook report states that Guelph’s economy has performed strongly in recent years and is expected to continue to grow above the provincial pace for both 2018 and 2019. Guelph’s expected real GDP growth in 2018 is the ninth highest in Canada and is one of only three Ontario cities in the top 10, along with Toronto and Oshawa.
“We expect Guelph to enjoy continued albeit slower growth in the next two years, with GDP advances of 2.2 percent and 2.1 percent in the cards for 2018 and 2019 respectively,” the report states. “Both these figures will slightly exceed the provincial pace [2.0 percent for both years].”
Monday, December 11 2017
Guelph, Ontario, CN — International engineering firm Control Systems International (CSI) is celebrating the opening of their third satellite office, their first in Guelph.
CSI provides engineering design solutions for clients. Their new office will lead the design of robot systems used in client manufacturing processes. The Guelph office will also provide servicing and troubleshooting services to clients, and the company has plans to hire electrical apprentices, robot technicians and engineers in the near future.
Guelph is ideally located with access to educated talent developed at the University of Guelph and Conestoga College. Guelph’s proximity to the Toronto-Guelph-Waterloo Innovation Corridor, the second largest cluster of technology innovators in North America, also makes the city an ideal choice for new businesses to set up, or for existing businesses to expand. CSI’s new Guelph office provides them with a unique opportunity to research and operate new projects, while having easy access to their client’s needs on a day-to-day basis.
Thursday, April 20 2017
Pickering, Ontario, Canada — The City of Pickering has been recognized as one of the 2017/2018 American Cities of the Future by fDi magazine. Pickering was ranked in the top 10 among micro cities – placing fourth for connectivity and sixth for business friendliness.
fDi magazine is published bi-monthly by the Financial Times Ltd. and is the world’s premier publication for the business of globalization. fDi shortlisted over 421 locations across North and South America in five categories: economic potential, business friendliness, human capital and lifestyle, cost-effectiveness, and connectivity.
The City of Pickering was also recently named one of the world’s Smart21 Communities of 2017 by the Intelligent Community Forum. Coupled with the fDi distinction, Pickering is garnering international recognition as a preferred destination for the next generation of knowledge-based business and industry.
Friday, February 27 2015
Facility will set new standards in regards to manufacturing technology
Cambridge, Ontario -- Héroux-Devtek Inc. (TSX: HRX) (“Héroux-Devtek” or the “Corporation”), a leading international manufacturer of aerospace products, proceeded today with the inauguration of a new manufacturing facility in the city of Cambridge, Ontario. This facility is one of the key constituents of Héroux-Devtek’s comprehensive capital investment plan aimed essentially at successfully carrying out an important long-term contract to supply The Boeing Company with complete landing gear systems for the B-777 and B-777X aircraft, for which deliveries are scheduled to begin in early calendar year 2017.
The 108,000 square foot facility, located in Cambridge’s new Boxwood Business Campus, will primarily manufacture large-scale, complex landing gear components. It is currently in the pre-production phase and is expected to be fully operational in June 2015. The Cambridge plant results in the creation of approximately 40 highly-skilled new jobs, while helping to retain existing jobs in Ontario. If required, the facility could be expanded by approximately 100,000 square feet. Héroux-Devtek believes this facility will set new standards in regards to manufacturing technology and be viewed as a leading example in terms of productivity throughout the industry. Read Full Story...