Swiss engineering firm ABB chose Montréal for its North American Centre for Excellence in e-Mobility, which will focus on developing energy-management solutions for electric buses and trains.
With backing from Investissement Québec, Thomas & Betts is kicking off a modernization project for its Saint-Jean-sur-Richelieu plant thanks to $1.5 million in financial support from the Québec government.
Cost and availability of hydro-electric power convinced Internet giant Amazon Web Services to choose Montréal as its Canadian home, where it recently opened two data centres.
Another good example of reshoring : IBM is bringing back to Montréal services and jobs that had been offshored to low-cost countries.
The British company specializing in e-commerce fintech announced the opening of a North American research and development centre in Montréal where it will benefit from competitive costs and highly skilled workers.