Discover the latest trends and expert insights driving economic development in Niagara forward. No images? Click here Message from our DirectorWelcome to our latest newsletter, where we bring you updates on the key initiatives driving growth across the Niagara region. As summer draws to a close, Niagara is buzzing with transformative developments that underscore our region’s dynamic progress. In this edition, we are excited to share news of significant projects and investments that are shaping the future of our communities. We are proud to announce the opening of a state-of-the-art battery processing facility in Thorold South, a shining example of our region's commitment to environmental stewardship and innovation. Operated by Call2Recycle Canada and EVSX, this facility not only supports local recycling efforts but also sets a new national standard for battery processing efficiency. In Grimsby, the economic landscape is undergoing a remarkable transformation. Vermeer Canada’s new headquarters, alongside the creation of over 1,000 jobs, highlights the town’s strategic importance and promising future as a pivotal player in our region's economic development. Brock University is also entering a new era of growth, thanks to a substantial investment from the Government of Ontario. This funding will enhance the university’s facilities, equipping students with state-of-the-art tools and training to ensure our workforce remains competitive and attuned to industry demands. Last month, St. Catharines proudly hosted the 2024 World Rowing Championships. This international event not only showcased our city’s renowned hospitality but also provided a platform to celebrate Niagara on the global stage, highlighted by the Nations’ Dinner attended by Consul Generals from participating countries. Finally, we are thrilled to announce the grand opening of Holland Power Services' new facility in Fort Erie. This $3 million investment strengthens local job creation and underscores Fort Erie’s commitment to economic diversification and resilience. Thank you for staying connected with the exciting progress in Niagara. Together, we are building a thriving and innovative region. Best regards, George Spezza Katie DesharnaisMeet Katie Desharnais, Strategic Marketing Manager. Katie leads our marketing efforts to build a vibrant community in Niagara, attract new businesses, and support newcomers to the region. Niagara Region Launches Signature Sites Tool to Promote Development OpportunitiesNiagara Region Economic Development is pleased to announce the launch of ‘Niagara Signature Sites’, an innovative and interactive map designed to showcase premier industrial and commercial development opportunities available in the Niagara region. This collaborative effort involves Niagara Region’s Growth Strategy and Economic Development department, local area municipalities, and private sector, aimed at promoting investment and economic growth in the region. Work underway at $1.56B Port Colborne EV battery factoryExcavators, bulldozers, and articulated haulers dot 81 hectares of land in north Port Colborne, as they prepare the future site of Asahi Kasei Corp.’s $1.56-billion, 185,800-square-metre lithium-ion separator battery plant. Read more. Niagara’s agribusiness sector outgrows Ontario, Canadian trends: Should we rest on our laurels?Niagara’s agribusiness sector has seen rapid growth over the past decade, outpacing both provincial and national averages, with significant advances in sectors like animal food manufacturing and viticulture, positioning the region as a leader in agri-food innovation despite challenges in maintaining adaptability and integration across its diverse industries. Read more. Ontario Investing $10 Million to Train Workers in Shipbuilding and RepairThe Ontario government is investing $10 million through the Skills Development Fund (SDF) Training Stream with Ontario Shipyards Inc. to train and upskill workers for careers in the shipbuilding and repair sector. Read more. 1,000-plus new jobs forecast by Grimsby’s economic development managerGrimsby is experiencing significant economic growth with $35 million in new or expanded commercial projects in 2024, expected to generate 90 jobs, and an anticipated $100 million investment in 2025 bringing over 1,000 new jobs, highlighted by Vermeer Canada’s new $5 million headquarters. Read more. Vineland Research and Innovation Centre to grow with $23.5M investmentThe Vineland Research and Innovation Centre plans to grow by 10% this year, supported by a $23.55-million investment from federal and provincial governments to enhance agricultural research and infrastructure. Read more. St. Catharines-based Algoma Central receives nearly $600K under green shipping programAlgoma Central Corp. will explore wind-assisted propulsion, a wider suite of biofuels and methanol-fuelled vessels with nearly $600,000 from the federal government’s Green Shipping Corridor Program’s clean vessel demonstration stream. Read more. Do you need assistance with investing in Niagara, or expanding your existing business? Our team can help with personalized, concierge-style service. Learn more about us, our services and get in touch. |