Ferrero International is the world’s third-largest manufacturer and distributor of confectionary goods. The company, best known for their chocolate treats, has an expansive network of 22 manufacturing facilities worldwide including Canadian operations in Brantford, Ontario. Ferrero Rocher, Nutella, Tic Tac, and Kinder Surprise are just some of the products made there. The company’s Canadian subsidiary,…
Manufacturing has traditionally required a dedicated infrastructure, production team, and resource management system. These barriers to entry have given businesses near-exclusive control over the type of products available to consumers. However, with the recent advancements in additive manufacturing, such as affordable 3D printers, consumers are now given the freedom to design and create tangible items…
There are a vast selection of government grants, loans, and tax incentives that manufacturers can use to reduce project expenses. Whether Ontario manufacturers invest in hiring and training projects, research and development, business/market expansion, or are improving their productivity through technology adoption, Ontario government grants are available to reduce the cost (and risk) of project…
Small business owners and executives must ensure they have reliable project management in place before investing in new initiatives. Being prepared with a strategic plan, as well as the managerial resources to execute the project, is integral to the success of any business activity. Especially in an increasingly globalized market, businesses must invest, innovate, and…
Cambridge, Ontario food processor, Grand River Foods, supplies Canadian grocery stores, restaurants, and food service companies with over 200 private label food products. Their growing team, which consists of nearly 250 employees, are dedicated to providing superior quality and value for clients. With over 25 years in business, Grand River Foods has developed superior food…
In 2015, the Ontario Power Authority (OPA) and the Independent Electricity System Operator (IESO) merged under the IESO name to increase synergy between the two agencies and reduce administrative costs. During this merger, several saveONenergy incentives for business (formerly administered by OPA) were rebranded to reflect the new partnership. Businesses can now save on energy…
Following a profitable year in 2015, can Canada’s manufacturing industry continue to exceed expectations and repair economic damage caused by diminishing oil values? 2016 is shaping up to be a cautiously optimistic year for Canadian manufacturing. Led by a surging automotive industry, Canada has reasons for being hopeful that the manufacturing sector will help our…
The Mentor Works Ltd. team is dedicated to providing you with industry-leading knowledge of Canadian government funding programs. Whether you’re seeking small business funding grants, loans, tax incentives, or other funding vehicles, you can trust that Mentor Works understands the programs and knows how to position your business to secure the highest amount of funding…
The Business Development Bank of Canada (BDC) and Mentor Works are hosting a free event in Vaughan, Ontario on Wednesday, June 10, 2015 focused on growing your business through export expansion and capital equipment adoption. Financing and cash flow planning are popular topics when it comes to international sales and business scaling. Mentor Works will…
Guest Author: Derek van der Plaat, MBA, CFA has worked in private market M&A for more than 20 years and is a Managing Director with Veracap M&A International in Toronto. Raising capital can be time consuming and expensive. Capital may be in the form of a loan or an investment. The lender/investor will seek a return…