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.
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.
The British company specializing in e-commerce fintech will open a North American research and development centre in Montréal where it will benefit from competitive costs and highly skilled workers.
Another good example of reshoring : IBM is bringing back to Montréal services and jobs that had been offshored to low-cost countries.
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.
The tech giant is funding groundbreaking artificial intelligence and machine learning research in the city and opening its own AI think-tank in its Montréal office.
Congratulations to the three winners of the Tribute Awards handed out on November 4 at Montréal International’s Greater Montréal Attractiveness Forum!
The worldwide leader in portable 3D measurement solutions and engineering services, will move its headquarters to new facilities in November 2017 in order to support its growth.
Before starting an innovation project, you’ll want to hire an expert, get some sound advice and draw up a business plan. We can provide a loan to help finance this step.
Siemens has obtained a $250,000 contribution from the Québec government for its $1-million retrofit project in Trois-Rivières.
Investissement Québec granted a $50 million loan to Tata Steel Minerals Canada and took a $125 million equity stake via the Capital Mines Hydrocarbures fund to support the company’s direct shipping iron ore mine project in northern Québec evaluated at $1.5 billion.
On June 15, fifty executives of foreign subsidiaries with establishments in Québec participated in the official launch of Subsidiary Network 2.0.
The manufacturer of aluminum chassis components for the automotive industry plans to retrofit its Québec plant and expand its production capacity.
Powder manufacturer AP&C, a subsidiary of Swedish company Arcam AB, will invest more than $30 million to build a second plant in Québec.
Mecaer America and Sonaca Montréal announced investment projects valued at over $62 million in Québec at the opening of the 2016 Farnborough International Airshow.
From June 19 to 22, Montréal will host the 29th edition of the World Electric Vehicle Symposium and Exhibition. Close to 2,000 participants will converge on the city along with electric vehicle experts and leaders from around the world.
Investissement Québec will join business development efforts to attract more than $825 million in international investment.
From June 6 to June 9, Investissement Québec will be in San Francisco to meet with partners and investors as well as companies thinking about doing business in Québec.
Bell Helicopter Textron Canada will assemble its new Bell 505 model in Mirabel rather than in Louisiana, United States.
Norway company Kongsberg Automotive will develop next-generation electronic power steering at its Shawinigan facilities.
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