Biotech, energy top list.Knowledge-based sectors, energy and tourism projects are key to expanding economic development in Thunder Bay Thunder Bay, city (1991 pop. 113,946), SW Ont., Canada, on Thunder Bay inlet of Lake Superior. The city was created in 1970 by the amalgamation of the twin cities of Fort William and Port Arthur and two adjoining townships. . One of the city's focal points is to target companies within the knowledge based sector with few transportation needs. "The cost of transporting research and development is at the click of a button, so we are targeting the knowledge-based economy more than we ever have because transportation costs within (the cluster) are absolutely zero," says Derik Brandt, manager of tourism and economic development in Thunder Bay. The city will benefit from home-grown biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. like Genesis Genomics, which is currently expanding into the United Kingdom. The expansion is "perfect timing," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dr. Bob Thayer, president of Genesis Genomics. Through such expansions, the city will inevitably attract key professionals who will grow the biotechnology cluster. Local architectural firm An architectural firm is a company which employs one or more licensed architects and practices the profession of architecture. History Architects (master builders) have existed since early in recorded history. The earliest recorded architects include Imhotep (c. Peterson & Habib is also providing economic growth by purchasing the former Port Arthur Port Arthur, city, Canada Port Arthur: see Thunder Bay, Ont., Canada. Port Arthur, city, China Port Arthur: see Lüshun, China. and McKellar hospitals. The deal has been on the table for three years and it is rumoured the two facilities will be used as a biotechnology incubation centre. John Douglas, president of Ventus Energy, is assessing five locations in the northwest, two in the Thunder Bay region, for a potential multimillion-dollar wind farm development. RELATED ARTICLE: City of Thunder Bay * Quick facts * Population -- 121,986 www.thunderbay.ca * Location -- 700 kilometres northwest of Sault Ste. Marie Sault Sainte Marie — pronounced "Soo Saint Marie" (IPA /su seɪnt məˈɹi/) — is the name of two cities on the Saint Marys River, which forms part of the boundary between the United States and Canada. * Main industry -- Forestry Target growth areas * Forestry, value-added product development * Information technology * Biotechnology Developments for 2005 * Wind farm development proposed * Construction, renovation to develop a Regenerative Medicine and Research Institute and Tissue Bank Taxes--2004 municipal tax rates * commercial occupied -- 05824558 * industrial occupied -- 06992343 Real estate * Average cost of 4-bedroom executive house -- $185,000 Top 5 employers * Bowater, forestry 1,084 employees * Buchanan Group, forestry, 1,040 employees * Bombardier Transportation, transport, 850 employees * RMH RMH Ronald McDonald House RMH Rocky Mountain House (Canadian national park) RMH Rochester Methodist Hospital (Rochester, MN) RMH Real Manly Hug RMH Report on Macroeconomics and Health RMH Recent Medical History International, call centre, 750 employees * A & P Food Stores, retail, 599 employees Source: Statistics Canada, www.2ontario.com, Thunder Bay EDC EDC See: Export Development Corp. |
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