Kingston Economic Development

Kingston Business Journal

Exciting news for Kingston business leaders: Introducing the Kingston Business Journal

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Kingston’s business community now has its very own source of local business news, thanks to Great River Media, publisher of the Ottawa Business Journal. Great

Kingston Economic Development

Kingston emerges as climate tech hub with UK-based UNDO’s carbon removal initiative

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Kingston, Ontario is establishing itself as a climate tech pioneer with the arrival of UNDO, a multinational corporation that is forging a path with its

Cancoil Thermal Corp. is one of the Kingston-based companies that has received recent investments. Photo provided by Cancoil.

Two Kingston manufacturers invest a combined $37M into operations, creating 70 jobs

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Kingston LaSalle Causeway

Donna Gillespie, CEO at Kingston Economic Development, receives provincial award

Eastern Ontario Business Journal

Donna Gillespie, CEO at Kingston Economic Development, was recently honoured with the Joseph A. Montgomery Economic Development Achievement Award.

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Kanata-based Fidus Systems is poised for aggressive expansion after agreeing to sell a majority stake to New York private equity firm Catchment Capital. While financial terms remain undisclosed, the company says the deal provides the “rocket fuel” needed to pursue strategic acquisitions and accelerate R&D.

Fidus, a designer of complex embedded components for sectors like aerospace and autonomous vehicles, will retain its local headquarters and executive team. The partnership offers the capital to scale the 200-person company’s already rapid revenue growth while preserving its culture, emphasizing that operations remain unchanged ‒ just with deeper pockets for future innovation.

In this special episode of Techopia Live, OBJ publisher Michael Curran talks with Scott Turnbull, chief technology officer of Fidus Systems, about the company’s new majority owner and what it might mean for its future.

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Techopia Live: Fidus gets new majority owner to pursue aggressive growth plan | Episode 292

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