Siemens, a manufacturer of electrical distribution transformers, will invest $1 million to purchase advanced production equipment for its Trois -Rivières plant in order to meet its growing order book. The company received a $250,000 financial contribution in support of the project from the Québec government through the economic diversification fund for the Centre-du-Québec and Mauricie regions.
For Siemens Canada Vice President Stéphane Chayer, that assistance will be invaluable for the Trois-Rivières plant, which plans to develop new products and diversify its customer base in Canada and around the globe. “We are in the midst of an industrial revolution, and the challenges are enormous,” he said. “We are delighted to have the Québec government’s support.”
It was Investissement Québec Subsidiary Expert Donald Lajeunesse who first suggested that Siemens should make use of the diversification fund. Lajeunesse, who has been working with Siemens Canada for many years, took steps to ensure that Siemens’ plans met the fund’s eligibility requirements and organized the meetings where the project was presented to the fund’s managers, paving the way for the $250,000 contribution.
Siemens’ Trois-Rivières team was delighted with the result, as were the executives of the company’s Canadian head office, who describe the experience as a good example of the continuing cooperation between Siemens and the Québec government. That partnership took a big step forward last spring, when Québec Premier Philippe Couillard and Siemens President and CEO Joe Kaeser met at the Siemens AG head office in Munich and agreed to pursue a number of joint initiatives.