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Eaton Appoints Board Member, Olivier Leonetti, Executive Vice President and Chief Financial Officer; Expects Strong Fourth Quarter and Full-Year 2023 Results

January 22 2024 Eaton announces that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024 Intelligent power management company Eaton has announced that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024. He succeeds Thomas B. Okray, who is leaving the…

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Ontario Helping Municipalities Better Manage Risks Posed by Old Oil and Gas Wells

January 19, 2024 Province of Ontario investing $7.5 million to help communities enhance emergency preparedness The Ontario government is investing $7.5 million over three years to help keep municipalities safe from the risks associated with old and inactive oil and gas wells. The funding will be used by municipalities to enhance emergency preparedness within their…

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Governments Investing up to $8 Million in Ontario’s Dairy Processing Sector

January 17, 2024 Funds from both governments will help processors modernize their businesses to improve efficiency and ensure food safety The governments of Canada and Ontario are investing up to $8 million, through the Sustainable Canadian Agricultural Partnership (Sustainable CAP), to create or increase processing efficiencies and enhance food safety in the province’s dairy processing…

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Ontario Welcomes $65 Million Boost to Niagara Region Manufacturing Sector

January 17, 2024 Expansion projects by three companies will create 46 new, good-paying jobs The Ontario government is supporting $65 million in investments by three companies to boost local manufacturing and create 46 new, good-paying jobs in the Niagara Region. As part of these investments, the province is providing the companies with $6.7 million in support…

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Ontario Investing in Quantum Science Innovation in Waterloo

January 17, 2024 $14.9 million in funding helping Quantum Valley Ideas Lab drive breakthroughs in quantum technology The Ontario government is investing up to $14.9 million to support a project by Quantum Valley Ideas Lab (QVIL), an independent research laboratory in Waterloo, that will accelerate the development and adoption of quantum science technologies by Ontario companies. Quantum…

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Ontario Welcomes $33.6 Million Manufacturing Investment in London

January 15, 2024 Andriani’s expansion will create 42 new, good-paying jobs The Ontario government is welcoming a $33.6 million investment by Andriani Ltd., an Italy-based pasta manufacturing company, to build their first production facility in North America. This investment will create 42 new, good-paying jobs in London. “Andriani’s significant investment will spur growth throughout our…

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Ontario Innovation Takes Centre Stage During Trade Mission to the United States

January 11, 2024 Province-led delegation promotes Ontario as North America’s second largest IT cluster The Ontario government has concluded a successful trade mission to the United States to promote the province’s flourishing automotive, technology and life sciences sectors and attract new investment opportunities. Two delegations of more than 29 Ontario companies, led by Vic Fedeli,…

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Massive Expansion of Renewable Power Opens Door to Achieving Global Tripling Goal Set at COP28

January 11, 2024 World added 50% more renewable capacity in 2023 than in 2022 and next 5 years will see fastest growth yet, but lack of financing for emerging and developing economies is key issue The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving…

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ABB Acquires Innovative Optical Sensor Company to Expand Smart Water Management Offering

January 8, 2024 ABB has announced that it has agreed to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that enables real-time water monitoring and testing. Through the acquisition, ABB will expand its strong presence in the water segment and complement its product portfolio with optical technology critical for smart…

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Ontario Achieves Strong Job Growth and Investments in 2023

January 5, 2024 Domestic and international companies invested billions in the province Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued this statement following the monthly employment release by Statistics Canada, which showed that while employment in Ontario decreased last month, nearly 120,000 jobs were created in 2023, including over 22,000 jobs in…

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Ontario Attracts New Opportunities with Trade Mission to France, United Kingdom, and COP28

December 22, 2023 New agreements will help secure Ontario’s clean power supply and new opportunities in province’s nuclear sector The Ontario government has concluded a successful trade mission to France, the United Kingdom (UK), and COP28 to strengthen existing relationships and showcase how Ontario, and its nuclear supply chain, can help countries around the world…

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Ontario Strengthening Electric Vehicle Supply Chain Through Investments in Mineral Exploration Projects

December 22, 2023 Additional funding flowing for Junior Exploration program also creating jobs in northern and Indigenous communities The Ontario government is investing close to $9 million to help junior mining companies finance early exploration projects to find critical minerals used in electric vehicles, smart phones, laptops, medical equipment and renewable energy. The funding is…

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Nedco is an Official Alliance Master Industrial Automation Distributor

December 20, 2023 Recently, the entire Nedco Automation team was excited to announce that they have officially achieved Alliance IAD Master certification as part of their partnership with Schneider Electric and their automation solutions. This certification attests to Nedco’s high level of technical competence and expertise in the field of digitalization, as well as a…

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Leviton Announces Agreement Extension with SPIE

New three-year agreement marks 20 years of commitment between SPIE and Leviton December 20, 2023 Leviton has announced a new three-year agreement with SPIE marking 20 years of cooperation and commitment between the two organizations. Over the past 17 years, Leviton and SPIE Nederland, the Dutch subsidiary of SPIE, have maintained a long-lasting, relationship to…

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Proax Technologies Announces New Calgary Office

December 20, 2023 Proax Technologies Ltd. is thrilled to announce the opening of their new 5,000 ft2 location in Calgary, Alberta! Proax’s expansion represents a big milestone for them, and they are eager to better serve their valued clients in the Calgary area. They would like to express their gratitude for your continued support in…

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Ontario Welcomes $35 Million Manufacturing Investment in Windsor

December 11, 2023 Bobaek America’s new facility will boost Ontario’s automotive supply chain and create 144 good-paying jobs The Ontario government is welcoming a $35 million investment by Bobaek America Inc., a Korean electric vehicle (EV) parts manufacturer, to build a new manufacturing facility in Windsor, specializing in battery insulation panels and cell sheets for…