Business in Winnipeg

[Cyro]

Originally Posted by cllew

I'm going to guess that they are taking over the space that CP Rail had in the Air Canada Building?

Entire 9th floor if I read it correctly in one of the online publications, 26,000 + sq. ft. I believe.

[wags_in_the_peg]

MTS Allstream has sold the Allstream side of the business, back to being MTS

[h0twired]

Originally Posted by wags_in_the_peg

MTS Allstream has sold the Allstream side of the business, back to being MTS

Buys Allstream for $1.7B... sells it for $405M.

Good work MTS.

[Authentic_City]

Originally Posted by h0twired

Buys Allstream for $1.7B... sells it for $405M.

Good work MTS.

This is just the sort of mismanagement I expect from a bloated crown corporation. Oh, wait a minute!

[Reed Solomon]

Originally Posted by wags_in_the_peg

MTS Allstream has sold the Allstream side of the business, back to being MTS

what a waste.

[cllew]

Originally Posted by wags_in_the_peg

MTS Allstream has sold the Allstream side of the business, back to being MTS

I wonder how things would have turned out if MTS had not purchased Allstream and stayed as part of the Bell West partnership?

[blueandgoldguy]

Originally Posted by h0twired

Buys Allstream for $1.7B... sells it for $405M.

Good work MTS.

As a shareholder I am thrilled by this.

[Cyro]

Sharp looking highway cruiser Buses, maybe I should have posted in the Transit Thread?


By: Ashley Prest Posted: 2:11 PM WFP
The Canadian Armed Forces will be receiving four new highway cruiser buses for transportation of personnel thanks to a $2.2-million contract with Winnipeg's Motor Coach Industries announced today by the Canadian government.

included in the contract is an option for another six buses.




http://www.winnipegfreepress.com/loc...208859871.html

[Riverman]

^^^ I had the pleasure of riding in one of these to the Pine Falls paper mill for an engineering tour (yeah, it was a while ago). It was like riding on a cloud in silence. The MCI buses are surely one of Manitoba's finest products.

[Cyro]

Originally Posted by Riverman

^^^ I had the pleasure of riding in one of these to the Pine Falls paper mill for an engineering tour (yeah, it was a while ago). It was like riding on a cloud in silence. The MCI buses are surely one of Manitoba's finest products.

Nice, never had the chance to enjoy the ride personally but it sounds like you had a great experience. I value your opinion on many of these topics.

[Cyro]

This isn't a new story but the addition of a clinic/pharmacy in the West exchange is positive and continues to add services to an area that was once the garment district in the not to distant past, increasing essential services to an area with a growing population due to an increasing residential component.


A healing space with history
Health and heritage mix at Exchange District clinic
Commercial Real EstateBy: Murray McNeill

It's probably fitting the only walk-in clinic/pharmacy in the city's west Exchange District doesn't look like a conventional walk-in clinic/pharmacy.

For starters, there is the sheer volume of the roughly 4,800-square-foot space located on the ground floor of an historic, seven-storey, warehouse-turned-office building on the southwest corner of King Street and McDermot Avenue. The ceilings in the reception/waiting room area are about 4.6 metres high, with the heating ducts and other parts of the building's mechanical system fully exposed.

http://www.winnipegfreepress.com/bus...209891001.html

[Riverman]

Originally Posted by blueandgoldguy

As a shareholder I am thrilled by this.

You must not watch your share price then. The shares jumped when the sale was announced.

[Cyro]

Magellan signs MOE to produce F-35 tails
By: Staff Writer

Magellan Aerospace has formalized its association with BAE Systems for work it has already been doing for some time on the F-35 Lightning II program.

At the Paris Air Show this week the company signed a memorandum of understanding with BAE to produce more than 1,000 sets of horizontal tails for the conventional take off and landing (CTOL) variant of the F-35 program over a 20-year period.

Magellan’s Bristol Aerospace unit in Winnipeg has been building the horizontal tail assemblies for the F-35 some time.

The deal has a potential value of more than $1.2 billion for the Winnipeg shop.

It has already shipped more than $100 million on the F-35 program to date.

http://www.winnipegfreepress.com/bus...211982591.html

[Riverman]

Bristol Aerospace is also building the forward lift fan vane box assembly and transition duct for the VTOL version for Rolls-Royce Indy. The vane box was started about 12-15 years ago IIRC.

[Cyro]

^^ Great info on Bristol Aerospace!
____________________________

New Flyer awarded Atlanta bus contract
By: Staff Writer

Winnipeg-based New Flyer Industries Inc., the leading North American bus maker, has been awarded a large new contract with the Metropolitan Atlanta Rapid Transit Authority (MARTA).

The contract includes a firm order for eight low floor restyled compressed natural gas (CNG) 30-foot buses and 80 Xcelsior CNG 40-foot buses with options for an additional 177 Xcelsior CNG or hybrid 40-foot buses to be exercised at a later date.

http://www.winnipegfreepress.com/bre...211985251.html

[wags_in_the_peg]

a bit of good news in an otherwise quite summer

Congébec Logistics Inc. is undertaking a $6-million expansion of its Winnipeg warehouse to handle an increase in frozen pork shipments by local hog producer HyLife Foods.

http://www.winnipegfreepress.com/loc...216925921.html

[Cyro]

Originally Posted by wags_in_the_peg

a bit of good news in an otherwise quite summer

Congébec Logistics Inc. is undertaking a $6-million expansion of its Winnipeg warehouse to handle an increase in frozen pork shipments by local hog producer HyLife Foods.

http://www.winnipegfreepress.com/loc...216925921.html

This is positive as the Hog Market has taken some serious blows in the last year or so due to feed prices/drought in the US.

It shows there is confidence in the Man. market as expansion = increased export = a possible rebound for Hog producers, who were going out of buisness due to the increased costs.

[Cyro]

Bristol cops new orbiter deal
Aerospace firm getting $110M for 3 satellites for surveillance

Winnipeg's Bristol Aerospace has won a $110-million contract to build three more satellites for the Canadian Space Agency just as the last one it built is about to launch into orbit.



http://www.winnipegfreepress.com/bus...223419711.html

[wags_in_the_peg]

Enlarge Image

Michelle Rempel, Minister of State for Western Economic Diversification, speaks in front of the GE Aviation Engine Testing Research and Development Centre in Winnipeg. (WAYNE GLOWACKI / WINNIPEG FREE PRESS) Photo Store

The GE engine testing facility at the Winnipeg airport is getting an $8-million injection of new capital investment.The federal government is putting in $1 million and the rest is being shared by GE and StandardAero.

http://www.winnipegfreepress.com/bus...225211052.html

[Cyro]

Just added the updated article Wags, a little more detail..

Engine-testing facility to purchase equipment
By: Martin Cash

The new investment will allow StandardAero to be part of the engine-certification development process when in-service engines receive specific types of alterations.

The new investment is expected to create as many as 40 jobs over time.

Updated Article:http://www.winnipegfreepress.com/bus...225307702.html

StandardAero is really expanding it's current capabilites,good news again.