By adopting a management approach that focuses on human resources, Saint-Eustache’s
Nova Bus increased its productivity and tripled its sales in less than five
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GSK Doubles the Capacity
of its Vaccination Production Facility
Pharmaceutical multinational GlaxoSmithKline (GSK) has announced a $90 million
investment to upgrade its production facility at Québec Metro High Tech
Uniboard Canada Invests $2.2 million in Val-d’Or
A leading North American manufacturer of engineered wood, Uniboard Canada will install a new melamine press at its Val-d’Or particle board plant.
$10.3 million for Esterline CMC Electronics
Jacques Daoust, President and CEO of Investissement Québec, has just announced
a $10.3 million Québec government contribution to Esterline CMC Electronics to
assist with its FronTierTM project.
Over $218 million for a Microelectronics
The governments of Canada and Québec are giving University of Sherbrooke
nearly $178 million to build a microelectronics innovation centre in Bromont.
The idea of creating a network for leaders of multinational subsidiaries established in Québec took shape at the second foreign business leaders forum, held last February. "During the forum, we sensed that participants needed to exchange views on a more regular basis," recalled Raymond Leduc, Director of the IBM plant in Bromont and Senior Location Executive. "There are many networks in Québec, but none targeting us specifically. We decided to create one so we can meet to discuss the challenges and responsibilities specific to heads of subsidiaries. As is the case with many good ideas, the network owes its existence to the efforts of a group, not just one person."
At the first conference lunch of
the Subsidiary Network, author and columnist Alain Dubuc expressed his views
on the theme chosen for the event: productivity. He began by stating that
productivity is without doubt the greatest challenge facing Québec and its
businesses. "We must not be deceived by our economy’s resilience during
the recession," he said. "The problem is still with us. It must be dealt
with if we are to prepare for the post-crisis world. Subsidiaries know this.
Most of them have made productivity part of their development strategy."
A Jacques Daoust, President and CEO of Investissement Québec, accompanied
Québec Minister of International Relations Pierre Arcand on his economic
mission to Japan from September 22 to 29, 2009.