ZTR Chooses Waterloo Region to Accelerate Growth and Innovation
ZTR Control Systems is proud to be launching a new venture in the Waterloo region.
In the mid-1980s five coworkers suggested an idea for a new product that was ultimately rejected by the company they worked for at the time. Fuelled with determination and armed with innovation, this group founded ZTR Control Systems in 1987.
Today, ZTR is a global high-tech company and continues to develop new and innovative solutions for off-road industrial equipment markets, specifically in Locomotive Modernization and the Industrial Internet of Things (IoT). The Industrial IoT team integrates complex components into personalized telematics solutions for OEMs, rental companies, and fleets of compact construction equipment. ZTR is also the Locomotive Modernization Expert, as it solves challenges related to locomotive performance, efficiency and connectivity.
Innovation is where the company started and it’s the thread that joins ZTR today. Recognizing the accelerating pace of technological change and the need to continue to create more innovative products and services, ZTR has embarked on a London-KW-Toronto corridor exploration and put down roots, in Kitchener’s Communitech Tannery Building.
ZTR strives to be recognized for earned leadership, trusted value and proven technology and has been most recently recognized as one of Canada’s Best Managed Companies and with an Economic Leadership Award from the City of London and the London Economic Development Corporation.
“In our drive to be innovation leaders in the industries we serve, we saw the need to have access to the number of accelerator programs, start-ups, the connection to the Velocity incubators and the world stage exposure that the Waterloo region offers. Our success is directly tied to the smart, dedicated and creative individuals we have the pleasure of working with and KW is a good fit to expand on our existing resources.” ~ Sam Hassan, President and CEO, ZTR Control Systems.
About ZTR - Since 1987, ZTR Control Systems has been a leader in both Locomotive Modernization and Industrial IoT. With thousands of installations around the world, industry giants depend on personalized solutions to improve the reliability and performance of equipment. By understanding the industry challenges and specific customer needs, ZTR is able to deliver exceptional value through expert knowledge, professional services and quality products.
About Communitech - Communitech was founded in 1997 by a group of entrepreneurs committed to making Waterloo Region a global innovation leader. At the time it was crazy talk, but somehow this community managed to pull it off. Today, Communitech is a public-private innovation hub that supports a community of more than 1400 companies — from start-ups to scale-ups to large global players.