Siemens Investing In Canadian Aeroderivative Turbine Facility
20 January 2017
German-based Siemens AG, through its subsidiary Siemens Canada, plans to invest $110.6 million in research and development activities at its plant in Dorval, Quebec, to design and make improvements to aeroderivative gas turbines.
The company also plans to invest $22 million to launch a platform of expertise related to Industry 4.0 and the implementation of a training system integrated into the workplace, inspired by the German “dual” model. Innovative implementation projects and manufacturing initiatives will be developed in collaboration with all of Siemens’ partners, including educational institutions, the Ministère de l’Économie, de la Science et de l’Innovation and Investissement Québec, the company said.
The Québec Government will grant the Company a loan of $20 million to support these investment projects. The Company employs 1500 people in Québec at its three plants located in Dorval, Drummondville and Trois-Rivières.
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