Siemens Investing $133 Million in Dorval, PQ Plant
January 27, 2017
Siemens plans to invest $110.6 million in research and development activities at its plant in Dorval to design and make improvements to aero-derivative gas turbines.
These turbines are used for the production of electricity, among other things, and serve as a backup source in the event that the existing network is unable to meet the demand.
The firm also intends to invest $22 million in launching a platform that will help businesses boost productivity and improve employee training.
These initiatives will be developed in collaboration with educational institutions, Quebec’s Ministry of Economy, Science and Innovation, and Investissement Québec. Siemens employs 1,500 people in Quebec at its three plants located in Dorval, Drummondville and Trois-Rivières.
Siemens Investing $133 million in Dorval, PQ plantTo support Siemens’ investment, the Quebec Government is loaning the company $20 million. “In a world economy where competition continues to grow more dynamic, manufacturing companies in Quebec must invest in innovation and new technologies in order to maintain their position of excellence,” says Dominique Anglade, Minister of Economy, Science and Innovation and Minister responsible for the Digital Strategy. “That is why our government is proud to support projects [that] allow innovative companies in the manufacturing sector to increase their expertise and surpass their competition.”
