Richmond Business News – June 2018

Major local business news and success stories for the month of June include companies nominated for BC’s “food Oscars”, announcement of a $9.1 billion expansion project at YVR, recognition of Richmond’s Asian food scene in the New York Times, and more!

Richmond companies nominated for BC’s “food Oscars”

A number of Richmond companies including Organika, Icicle Technologies, Ideon Packaging, Wise Bites and Canterbury Coffee have been nominated for the 2018 BC Food and Beverage Awards. The award ceremony will be hosted by the BC Food Processors Association on June 21.
Richmond News • Jun 17

Vancouver International Airport announces $9.1 billion in expansion plans

Record passenger growth over the past few years at YVR has prompted the airport authority to expedite its longer term expansion projects including the most-immediate construction of a $500 million phase that includes a four-gate addition to its international flight area, a geothermal heating system and a new parkade.
Vancouver Sun • Jun 15 • About YVR

Corvus Energy secures contract for five all-electric, battery-powered ferries

Richmond company to supply lithium ion batter-based energy storage system for two new all-electric ferries being built by Havyard for Norwegian ferry operator Fjord1.
BC Technology • Jun 13 • About Corvus Energy

Canadyne awarded Government of Canada contract for environmental spill response equipment

Richmond company awarded contract worth over $1 million by the Government of Canada to provide environmental spill response equipment to the Canadian Coast Guard. The initial contract will create up to 6 new jobs for the local business.
Richmond, BC • Jun 8 • About Canadyne Technologies

Canadian dollar helping B.C.’s 2018 tourist trade

Propelled by a surge in U.S. visitors since August, international tourist inflows to the province remained elevated at a stellar 495,000 persons in March. Total international tourist visits rose 8% year-over-year over 2017 due to factors such as a favourable Canadian dollar, growth in travel demand from emerging markets, and political instability south of the border.
Business in Vancouver • Jun 5

New York Times gives Richmond’s Asian food scene a serious nod

A recent article in the New York Times extols numerous authentic Chinese dining experiences people can enjoy in Richmond – with a particular focus on the Richmond Night Market.
Daily Hive • Jun 4 • About the Richmond Night Market

Transoft Solutions completes acquisition of Airtopsoft

Richmond-based global leader in transportation engineering design and analysis software ads advanced airspace and airport modeling software to its growing portfolio of aviation solutions.The company currently has an expansive portfolio of aviation, road and site design solutions used by over 40,000 users in more than 130 countries.
Richmond, BC • Jun 4 • About Transoft Solutions

Projects along Canada Line transforming downtown Richmond into an urban core with cosmopolitan flair

Low office vacancies and development opportunities along the rapid transit corridor have created prime conditions for new office construction in Richmond’s City Center. Current projects are part of a wave of planned and proposed development set to roll through 2041.
Business in Vancouver • June 1

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