ABB invests $70M for Technoparc facility

Oct. 20, 2015 – ABB has announced it will establish a $70 million, 300,000 sq. ft. facility in tech hub, Technoparc Montréal. The new ABB Saint-Laurent Campus will house the company’s corporate headquarters, as well as research and development, manufacturing, assembly and testing for ABB’s complete energy value chain in Quebec. Also, the 700 employees presently spread across six locations in Greater Montreal will be united under one roof by March 2017, noted the company.

“This project, which is part of our 2020 global strategy, aims to promote greater collaboration, and increase efficiency and organizational synergy between teams,” said Nathalie Pilon, president and CEO of ABB Canada. “The investment will allow us to continue improving our operational effectiveness and contribute to the development of cutting-edge technology in collaboration with our business partners, and with the academic and research sectors with whom we have long collaborated. It also underscores our ongoing commitment to the city of Montreal and to the local market.”

According to Pilon, the campus will include, among other things, spaces for technological demonstrations and for training clients on solutions and systems developed by ABB. It will be equipped with “ultra-modern equipment and boast advanced technologies and manufacturing processes.”

Founded in 1987, Technoparc Montréal strives to foster Montreal’s scientific and technological development by encouraging high value life sciences, aerospace, ICT and cleantech businesses and research centres to establish Canadian offices in Montreal.

“We’re so proud that ABB chose to establish its Canadian headquarters at Technoparc Montréal. This is a world-renowned company and a true leader in its field, so we know they will feel right at home in the midst of all the other high value, innovative companies that are now doing business in the heart of Montreal’s technology district,” added Mario Monette, president and CEO of Technoparc Montréal.

Construction of the campus began early September and is expected to be completed in February 2017.