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LM Wind Power expands Gaspe factory

The new investment, announced at the factory in the presence of three Ministers of the Quebec government, the Deputy of Gaspe and the Mayor of Gaspe, is a case study in how collaboration between government and industry can yield long term economic growth - especially in regions where a shortage of high value jobs and skills pervades.

As part of a total investment, valued at more than USD 12 million, 265 new jobs will be created in a region where demand may grow and appetite for long-term, strategic employment is high, while growth is sometimes harder to achieve.

“The key to success is the pragmatic and strategic view taken by all parties in the project,” said Alexandre Boulay, LM Wind Power Plant Director in Gaspe. We are hopeful of more demand in Canada as wind energy grows here and committed to delivering a return on this investment by developing the skills of all current and future employees in the region of Gaspésie-Îles de la Madeleine.”

The package announced includes a $ 4.3 million loan from the Ministry of Economy, Science and Innovation and a grant of close to $ 1.4 million from Emploi Québec for skilled technical training of workers.

The announcement was made last week by Minister of Economy, Science and Innovation and Minister responsible for the Digital Agenda, Dominique Anglade, accompanied by the Minister of Energy and Natural Resources, Minister Responsible for the North Plan and Minister responsible for the North Shore region, Pierre Arcand, and Minister of Education, Recreation and Sports, Minister of the Family and Minister responsible for the Gaspésie-Îles de la Madeleine, Sébastien Proulx.

The investment project will allow, among other things, LM Wind Power Canada to manufacture high quality blades for wind turbines for Canada and the US market but it also ensures the facility is open for new business from additional customers in future.

Founded in 2005, LM Wind Power Canada is a subsidiary of the multinational LM Wind Power located in Denmark. As a result of this expansion project, the company will have 450 jobs in the Gaspésie-Îles de la Madeleine region by 2018.

Companies: LM Wind Power

Industries: Energy

Terms: Applications, Business

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This article has been edited by Basalt.Today
Source
This article has been written on JEC Composites Magazine
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