Last update date 12 November 2021
Launched in 2017, Metal Tech Alley (MTA) is an economic development initiative started by the Lower Columbia Initiatives Corporation with the goal of supporting the development of a cluster of industry and technology companies in the Trail region. The total value is CAD 18 M (EUR 15 M). The main beneficiaries are industry leaders, research groups, non-profits, post-secondary institutions and government. The main activities of MTA are brining together the beneficiaries to spearhead business opportunities in digital fabrication, advanced materials and metallurgy, industrial recycling, the industrial Internet of Things, and big data technology. Also, to create a collaboration platform for long-term stability and environmental sustainability projects. The main success factor of MTA is that it builds a regional circular economy and a culture among companies, where waste is designed out, and where value is created throughout the product life cycle.