Richmond Business News – May 2019

Learn about the secured funding to build the new Capstan Station on the SkyTrain’s Canada Line, how a local company is shifting towards green packaging and more in this month’s Business in Richmond e-news.

Richmond nutritional gummy maker shifts to green packaging

Herbaland Naturals, a Richmond-based nutritional gummy manufacturer, announced it will use compostable packaging for its best-selling Vegan Protein Gummies products to replace traditional plastic bags.
Richmond News • April 17

Man in Motion challenges Richmond businesses

Rick Hansen has a call to action for businesses and other organizations in Richmond: set the bar higher and make your businesses accessible to people with disabilities.
Richmond News • May 2

Richmond successfully raises $32 million to build Canada Line’s new Capstan Station

The City of Richmond has reached and exceeded its original goal of raising the required funding to build Capstan Station on SkyTrain’s Canada Line.
Daily Hive • May 3

MDA Awarded $39 Million Canadian Government Contract to Deliver Search and Rescue Repeaters for Satellites

MDA, a Maxar company located in Richmond, has been awarded an initial contract value of CAD $39 million with Public Services and Procurement Canada.
BC Tech News • May 13

Richmond-based LUCID Vision Labs Awarded Outstanding Score in Vision Systems Design 2019 Innovators Awards Program

Lucid Vision Labs, Inc., a designer and manufacturer of industrial vision cameras, announced that it was recently presented with a gold-level award in the “Cameras – 3D” category at the Fifth Annual Vision Systems Design Innovators Awards presentation, held during Automate in Chicago, IL.
BC Tech News • May 13

Canada Pension Plan will invest $200M in specialty food company Premium Brands

Investment represents 7.1% stake in the Richmond, B.C.-based company.
CBC • May 21

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