Clearford Water Systems
Local firm is also working with infrastructure arm of Indian conglomerate Tata Group to identify new projects
Local clean-tech firm intends to purchase other businesses to bolster newly-acquired divisions
Toronto subsidiary remains a bright spot as Ottawa firm continues to tout turnaround plan
The 2017 Forty Under 40 recipient is one of the local businesspeople who have recently accepted a new job.
The company installed a sanitation system at a mobile home park near Kemptville after residents were handed eviction notices when the park’s owner failed to comply with sewage treatment regulations.
Company wants to end its reliance on subcontractors by acquiring companies capable of bringing its wastewater treatment operations and services in-house.
The announcement comes as long-time chairperson Rob Bryden departs the firm and after leadership expressed uncertainty in the future of the clean-tech firm.
Unprofitability, cash-flow concerns cast 'significant doubt about the company’s ability to continue as a going concern in the near term'
Water treatment technology firm Clearford (TSX-V: CLI) says it’s receiving a “positive response” to its installations in India and expects to land additional business in the South Asian country as
Ottawa-based Clearford Water Systems (TSXV: CLI) saw a big increase in revenue during its second quarter of 2016, but that didn’t have much effect on the company’s bottom line.