Wednesday 7 March 2012

Quebec electrical-mechanical firm CVTech expands into Stouffville, Ontario

 

Quebec electrical-mechanical firm CVTech expands into Stouffville, Ontario

CVTech Group Inc. Through CVTech-IBC Inc. "The Ontario market offers interesting business opportunities for the energy sector following the adoption by the province of a long-term energy plan calling for investments of $87 billion over a 20-year period," CVTech president and chief executive officer Andre Laramee stated in a press release. Officials anticipate the facility will support about 10 office employees but the head count could increase to 70. "This facility will bring under the same roof administrative and technical personnel, as well as rolling stock and equipment," Drummondville, Quebec-based CVTech stated in a press release. Through Riggs Distler, it provides maintenance and construction services to the utility and heavy industrial markets. Through its subsidiary Thirau Ltee, CVTech provides services to the electric power industry for the maintenance of transmission and distribution lines. , the firm designs, manufactures and sells continuously variable power transmission (CVT) systems. CVTech-AAB inc. specializes in rebuilding crankshafts and cylinders and in distributing engine parts.

Quebec electrical-mechanical firm CVTech expands into Stouffville, Ontario



Trade News selected by Local Linkup on 07/03/2012