INNOVATIVE MANUFACTURER: CREATION OF OVER 250 JOBS IN THREE YEARS
Pointe-Claire, June 13, 2016 - Dominique Anglade, Minister of Economy, Science and Innovation and Minister responsible for the Digital Strategy, and François Blais, Minister of Employment and Social Solidarity and Minister responsible for the Capitale-Nationale region, announced today $3.8 million in financial assistance to help TMI Climate Solutions set up a new plant in Pointe-Claire, in the Montréal region. The $45-million project will allow the company to manufacture and market high-end custom air-handling products and an array of related solutions.
The government assistance includes a $3.5-million loan from Investissement Québec, acting as an agent of the government, and $353,732 from Emploi-Québec.
“Foreign investment and the influx of international companies help support our innovative manufacturing sector, one of the pillars on which Québec is banking to ensure its prosperity,” stated Minister Anglade. “We therefore warmly welcome TMI Climate Solutions to Québec. The company’s facility here will boost our competitiveness and enable us to develop new expertise in the specialized air-handling industry.”
For over 30 years, TMI Climate Solutions has been manufacturing HVAC units. Its clients include institutions and the pharmaceutical, aeronautics and automotive industries. The opening of the company’s new facility in Québec gives substance to its decision to create a new subsidiary, TMI Climate Solutions Canada.
“This strategic, growth-generating project will lead to the creation of more than 250 high-quality jobs over the next three years. For our government, it is vital that we encourage the development of labour force skills and support companies looking to invest in worker training. The investment we are announcing today is a wonderful example of that commitment,” added Minister Blais.
“With its highly attractive business environment, Québec is a partner of choice for international companies like TMI Climate Solutions that are looking to carry out major capital projects. The opening of the new Pointe-Claire plant is great news for the economic vitality of the West Island as well as the province as a whole,” declared the Minister responsible for Native Affairs and MNA for Jacques Cartier, Geoffrey Kelley.
The new TMI Climate Solutions Canada plant, which will produce hydronic solutions, is one of just a few plants to make products under pressure, mainly for the aerospace and automotive industries. Those markets hold real growth potential for such products, and the company plans to export more than 85% of its production outside Québec, chiefly to the U.S.
Following the tabling last April of strategic plans from Investissement Québec and the Ministère de l’Économie, de la Science et de l’Innovation, along with a development plan from the Centre de recherche industrielle du Québec, the Québec government announced $500 million in funding over three years to support innovative manufacturing projects and make Québec companies more competitive, thereby helping them win over foreign markets.
“Now more than ever, revitalizing the innovative manufacturing sector is central to the government’s strategy,” concluded Minister Anglade. “A strong innovative manufacturing sector will be a boon for all initiatives taken by our government, particularly the Maritime Strategy and the Plan Nord, in addition to supporting priority sectors of the economy like forestry and cleantech.”
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