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July 14, 2016

Raufoss Canada to Invest $49 Million in its Boisbriand Plant

Raufoss Canada will carry out major work to retrofit its Boisbriand plant in Québec and expand its production capacity over the next three years. The project, which received $7 million in financial support under the ESSOR program administered by Investissement Québec and the Ministère de l'Économie, de la Science et de l'Innovation, will create some 60 jobs.

 

Logo of Raufoss Technology

 

The manufacturer of forged aluminum car suspension components will install a hot forging line and new automated equipment, upgrade its existing line and develop new products. The company’s plans involve investing $9 million to design, develop and produce parts using new manufacturing processes.

 

<p“This initiative demonstrates our firm intention to pursue our operations in Québec, and that gives me great pride. The new investment will enable us to produce high-quality products at very competitive prices, which bodes well for our ability to secure new contracts from global automobile manufacturers,” said Jean Meredith, CEO of Raufoss Canada.

 

The demand for aluminum suspension arms is on the rise across the automotive industry because of new emission regulations, which are forcing manufacturers to reduce vehicle weights. Making North American vehicles lighter through the increased use of aluminum opens up prospects that are particularly enticing for Québec’s processing companies.

 

Raufoss Canada is a subsidiary of Neuman Aluminium, which operates 13 plants across seven countries. First opened in 2001, the company’s Boisbriand plant today produces 3 million pieces a year exported to the U.S., Mexico, Germany and China. Neuman Aluminium belongs to an Austrian holding company, CAG.

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Contact your expert

Marie-Ève Savard

Government Relations and Public Affairs Advisor, Montréal

514 876-9412

Contact your expert

Marie-Ève Savard

Government Relations and Public Affairs Advisor, Montréal

514 876-9412