Yahoo Finance ABB invests CA$16 million in Canadian facility, expanding production capacity and creating jobs
Swiss multinational corporation ABB is investing CA$16 million in its Installation Products Division manufacturing facility in Pointe-Claire, Canada, according to a statement released today, Thursday. The investment forms part of a five-year strategy to integrate new digital processes and automation across the company's operations, as stated by Matthias Heilmann, President of ABB Installation Products Division.
The substantial investment will facilitate an expansion of the production capacity in the 65,000 square foot facility, aiming to meet the increasing demand for safe, smart and sustainable electrification solutions across industrial, commercial and residential applications in Canada. The expansion is set to double the production of plastic injection molded solutions produced at the Pointe-Claire facility.
The expanded facility will be equipped to deliver a range of legacy Canadian brands produced by ABB. These include Marrette® wire connectors, the NuTek® series of non-metallic thermoplastic boxes, Snap-it® plastic fittings, Carlon® PVC products and other components used in various Canadian product lines.
In addition to boosting production capabilities, the expansion will also create over 40 full-time jobs at the site. The additional team members will enable multiple product lines and shifts to operate in order to meet the growing demand for ABB's products. Alain Quintal, Vice President and General Manager of ABB Installation Products Division in Canada emphasized that ABB has been a part of the community for almost a century and remains committed to its role as a trusted industry partner and employer.
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