Sault Ste. Marie

Massachusetts-headquartered Agero Inc. has said it will hire hundreds of new employees in 2014 across its four regional sites, including its Canadian call centre in Sault Ste. Marie.

Essar Steel Algoma and a group of unsecured noteholders have agreed to a restructuring plan to refinance the money-losing Sault Ste. Marie steel maker.

Essar Steel Algoma has reached an agreement in principle for its refinancing. The agreement is with Essar Global Fund Ltd.

It was rare for J.R. Pierman, president of the Sault Ste. Marie marketing firm Lucidia, to come across other Saulites working in the industry. So when he heard that a guy named Blake Armstrong, who hails from nearby St.

Sault Ste. Marie got an injection of cash to make improvements to its downtown core. The Northern Ontario Heritage Fund Corp.

The economic development corporations from Sault Ste. Marie, Ont., and its sister city in Michigan have signed a formal agreement that establishes a framework for collaborating on shared economic development projects.

The Sault Ste. Marie Chamber of Commerce is accepting nominations for its 2014 business awards.

Nominations are now open for the Sault Ste. Marie Innovation Centre ’s SSMARt Innovation Awards. The ninth annual awards celebrate the best innovators in the science and technology sectors within the Algoma region.

Batelle will develop a plan for a wood-based bioenergy project in Sault Ste. Marie. The Ohio-based research-and-development organization was chosen from five applicants following a request for proposals sent out by the Sault Ste.

An annual report indicates work conducted by the Sault Ste. Marie Economic Development Corp. generated economic activity of roughly $13 million.