Trade links with U.S. explored. (Thunder Bay).Last year, the City of 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. initiated the Inward Investment Inward investment is the injection of money from an external source into a region, in order to purchase capital goods for a branch of a corporation to locate or develop its presence in the region. Project to increase trade and export involvement between northwestern Ontario Northwestern Ontario is the region within the Canadian province of Ontario which lies north and west of Lake Superior, and west of Hudson Bay and James Bay. It includes most of subarctic Ontario. businesses and businesses in the U.S. Midwest. The idea behind the project was for Thunder Bay to market its proximity to the U.S. border and to subsequently connect northwestern Ontario businesses with American companies. Richard Pohler, a business development officer for Development Thunder Bay, says the project is "still in its early stages," and that negotiations are still ongoing between Canadian, American and international companies. However, he did say that he was involved in meetings in November in Minnesota, which he feels proved to be successful. Pohler met with representatives of two international companies involved in the aviation field, at least one of whom was considering coming to Thunder Bay to explore the potential opportunities with the city's $8-million aviation project. The Aviation Centre of Excellence Confederation College, which opened its doors in 1967, offered both the Aircraft Maintenance and Aviation Flight Management programs at the Thunder Bay International Airport since the late 1960s, however they were located at separate hangars. project is aimed at combining three college aviation programs into one, and offering the combined program at only one facility. Pohler also points out that another company was looking at doing some sub-contracting work in the field of metal fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. with another Thunder Bay company, and anticipates there may be some deals inked by early next year. Thunder Bay is conveniently located only 32 miles from the U.S. border, with direct links to the U.S. Interstate Highway Noun 1. interstate highway - one of the system of highways linking major cities in the 48 contiguous states of the United States interstate highway, main road - a major road for any form of motor transport System. That means there is a market of 35 million people within a one-day drive from the area, says Pohler. |
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