Look who's investing in Québec

March 2012

A bi-monthly snapshot of investment activity in Québec

GlaxoSmithKline Invests $12 Million in Canadian Research on Flu

Fujitsu in Québec

GlaxoSmithKline, a world-leading research-based pharmaceutical company, announced a $12-million investment to support an additional three-year research and monitoring program designed to assess the effectiveness of seasonal flu vaccines.

Fuel Ethanol Plant to Be Built in Varennes

New Varennes Plant
New Varennes plant, reproduced by kind permission of Enerkem

Varennes Cellulosic Ethanol L.P., a joint venture partnership formed by Canadian companies Enerkem and Ethanol GreenField, will invest about $90 million in a fuel ethanol plant.

US-Based Ellison to Open its Doors in Bromont

Ellison
Reproduced by kind permission of Cynthia Langevin, CLD Brome-Missisquoi

Specialized in surface coating solutions for metal components used in aircraft engines. Ellison Surface Technologies is opening a facility in Bromont near its primary customer, GE Aviation Canada.

Glatfelter Invests $10 Million in Gatineau

Reproduced by kind permission of Simon Séguin-Bertrand, Le Droit, December 23, 2011

Glatfelter, the world leader in absorbent materials for sanitary napkins, just invested $10 million in a new production line at its Gatineau plant.

$90 Million for the Niobec Mine

Mine Niobec
Reproduced by kind permission of mining company IAMGOLD

Mining company IAMGOLD plans to invest $90 million in the infrastructure of the Niobec mine in Saint-Honoré.

Northern Québec Moving Foward

Northern Québec Moving Foward

In May, mining companies with current or developing operations on the North Shore will attend the fifth mining forum organized by Insight Information in Montréal.

A Second Company Touches Down in Bagotville

Bagotville Airport
Reproduced by kind permission of Caporal Alex Roy, ©2011 DND/MDN Canada

Aero Vision Technologies International (AVTi), a research centre specializing in aeronautical engineering, plans to set up shop near the Bagotville Airport, a decision that will mean a minimum investment of $10 million for the city of Saguenay.