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Automation Projects Totalling $238 Million for GE Canada

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GE Canada is set to launch three new automation projects at its aircraft engine component manufacturing facility in Bromont, Québec.

 

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Bridor invests $40 million to expand its Québec plant

Photo of the Bridor Plant in Boucherville

The French bakery, which belongs to Le Duff Group, will invest $40 million to double the size of its Boucherville plant, increase its production capacity by 80% and create some 60 jobs.

 

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Vartan Product Support to Expand in Montréal

Photo of an Aircraft Cabin

The subsidiary of German cabin interior specialist Vartan Aviation will ramp up work on new aircraft programs in Greater Montréal and create 35 new jobs.

 

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Siemens invests $132.6 million in Québec

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Siemens will invest $110.6 million at its Dorval plant to design aeroderivative gas turbines as well as $22 million to implement an Industry 4.0 expertise platform in collaboration with Investissement Québec and other partners and an integrated training system for the workplace inspired from the German dual model.

 

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Top-Level Meetings and close to $640 Million in Investments for Québec

Photo of Éric Dequenne, Pierre Gabriel Côté and Luigi Ambrosio in Davos

The World Economic Forum in Davos gave Investissement Québec President and CEO Pierre Gabriel Côté the opportunity to meet with over a dozen leaders of multinationals and take part in announcements on investments of close to $640 million for Québec.

 

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ArcelorMittal Invests Nearly $500 Million in Québec

Photo of the ArcelorMittal's facilities on the Côte-Nord

Over the next four years, the world’s leading steelmaker will upgrade its installations in Québec’s Côte-Nord region.

 

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ABB to Invest $90 million in Montréal

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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.

 

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Microsoft to Invest in R&D on Artificial Intelligence in Montréal

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Over the next two years, Microsoft will double the size of Maluuba, the Montréal startup it recently acquired in order to intensify its R&D in artificial intelligence. The tech giant will also grant $6 million to Université de Montréal and $1 million to McGill University to support AI research.

 

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Thomas & Betts invests $19 million to modernize a plant in Québec

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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.

 

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IBM Relocates Services to Montréal

Photo of employees in front of computers

Another good example of reshoring : IBM is bringing back to Montréal services and jobs that had been offshored to low-cost countries.

 

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Morgan Stanley Keeps On Growing in Montréal

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The Montréal Technology and Engineering Centre of New York-based financial group Morgan Stanley already has nearly 1,000 employees and continues to hire 10 to 15 people a week.

 

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Benoît Larouche

Director, Business Development, New York

212 843-0976