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Confidence continues to grow in Red Deer economy

Wajax relocation to Queens Business Park is part of a trend, with more good news on the way
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Companies like Wajax see many advantages to locating in Red Deer, including affordability and easy access to both Calgary and Edmonton via Highway 2.

While the economy has been slow, smart companies have been using the down time to diversify and get ready for what’s coming next. That’s why Wajax and other companies are setting up or expanding operations in Red Deer.

Wajax is a multi-faceted organization that offers equipment, servicing, logistics, engineering, and other expertise to many different industries. To serve their broad client base, they need to be in the right place – and as far as they are concerned, the right place is Red Deer.

Three other companies will soon be building in Queens Business Park.

John Sennema, the city’s Land and Economic Development Manager, says companies see many advantages to locating in Red Deer. Property is more affordable here than in Calgary or Edmonton, he said, and companies have easy access to both cities via Highway 2 – a transportation corridor to 80 per cent of Alberta’s population. Red Deer College’s manufacturing program offers a job-ready workforce, and the city provides great quality of life for employees and their families.

Wajax is consolidating two of their outlying operations into Queens Business Park. Their property there is versatile and flexible, allowing them to conduct a wide variety of industrial activities – a great fit for their Red Deer operation which includes sales and service of cranes, installing cranes on trucks, and manufacturing the necessary parts and components. They also service large industrial generators, including those used by hotels to back up their power supply.

Queens Business Park gives large trucks easy access to and from the highway, including a double lane for ease of turning. Wide streets and turns make for efficient access and transport within the business park, which was a deciding factor in their relocation.

Wajax also appreciates the strong visibility their Queens Business Park location has from the highway.

Sennema says the Wajax move, and the pending announcements from other companies, indicate a positive trend. “We’re definitely seeing confidence continue to grow in the Red Deer economy,” he said. “Not just with the recent and upcoming activity in Queens Business Park, but also in the increase in land inquiries this year.”

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Wajax appreciates the strong visibility their Queens Business Park location has from the highway.