Business Retention and Expansion Study for Collingwood's Industrial/Employment Sector

Overall Findings

Expansion/Renovation/Modernization

Of the responding executives 75% have plans to expand, modernize or improve at their present Collingwood location within the next three years, and 100% have plans to modernize or improve their equipment.

100% of these industries indicated experiencing difficulty with financing expansion plans.

Industries identify that the local planned expansions will result in

• An increased workforce (100%),

• Increased demand for skills training (57%),

• Increased floor space (86%),

• Additional services (71%),

• Investments in equipment and technology (86%),

• Importing of goods and services to Canada (57%).


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