Canada
ABB TO INVEST MORE THAN $130M IN CDN. MANUFACTURING
On Aug. 5, ABB announced that it will invest more than CA$130 million (around US$100 million) to expand the R&D and production capacity of its advanced power protection and grid resilience technologies in Canada. The investment in Montreal, Quebec will combine ABB’s existing Iberville and Saint-Jean-sur-Richelieu facilities at a new greenfield location. ABB says this will enable it to meet demand in key industries, including utilities, renewables, transportation, and residential and infrastructure projects across Canada.The new 340,000 sq. ft. manufacturing and R&D facility will reportedly be more than 33 percent larger than the two locations it replaces and will incorporate advanced production automation and digital technologies. Combining the existing ABB operations at Iberville and Saint-Jean-sur-Richelieu will bring more than 600 existing employees from manufacturing, R&D, engineering, testing and support functions into one location. As new product lines are added and production increases in the future, ABB says that further jobs will also be created.“Our investment will support our future growth in Canada, as demand increases with customers focused on grid resilience, power distribution and renewables, and in new transportation, buildings and infrastructure projects,” said Khalid Mandri, President, ABB Installation Products. “The teams in our advanced new facility will deliver products and innovation that will help power businesses and homes across the country. Together with recent investments made in the US and in Europe, the opening of this new facility will be a key part of our global growth strategy.” (ICE TORONTO)
Fonte notizia: https://www.canadianmanufacturing.com/
