Business Sector Opportunities
The Town of Torbay offers virtually unlimited business opportunities. From cottage industries to multi-national corporations, Torbay is a sound and strategic business locale. These sectors are those which align with the provincial focus on business attraction and investment. These sectors are the focus of provincial policy, knowledge, supports and partnership development. Just a few are highlighted below:
Ocean Technology
Newfoundland and Labrador’s ocean economy is a significant contributor to the provincial and Canadian economy. The community of Torbay is located on the Atlantic Ocean, on the doorstep of the capital city and minutes from world-class academic and training institutions well known for producing innovative research in the ocean technology sector along with highly skilled graduates.
Aerospace and defense
Torbay is located minutes from the St. John’s International Airport and is also in the planning stages of developing a light industrial / business park close to the airport.
Tourism
The Town of Torbay has much to offer tourists visiting the Province of Newfoundland and Labrador. Just 12 km away from downtown St. John’s, Torbay is close enough to the capital city to avail of all the urban amenities, while offering a picturesque, rural community experience. Come spend the day in our beautiful community, a day in Torbay will allow for hiking along the coastline, lunch in one of our local restaurants, and a visit to our local museum.
Manufacturing
Newfoundland and Labrador has a diverse manufacturing sector with a diverse range of products. Torbay is also home to one of the largest steel fabrication facilities in Atlantic Canada. Cahill Fabrication, a division of The Cahill Group, specializes in piping, structural steel, HVAC, and assembly services.
Clean Technology and Environmental Industries
Torbay is embracing the move to a more dynamic, modern and greener economy and recognizes the importance of environmental stewardship and community sustainability.
Information and communications technology
In addition to being on the doorstep of the St. John’s International Airport, Torbay is also adjacent to the new Innovation Centre for Remote Operations being developed minutes from the community. Combined with access to highly skilled graduates and research from both Memorial University and the College of the North Atlantic, and a growing ICT sector with many world class companies, Torbay is an ideal location for technology related firms
For information on these and other opportunities, please reach out to the Town of Torbay Economic Development and Tourism Officer at kmurray@torbay.ca or 709 437 6532 ext. 230.