ABB to Establish North American R&D Facility In Montreal
January 19, 2017
Canadians will develop next-generation solutions for electric vehicles as a result of a $90 million investment by ABB, which is establishing a new headquarters and research and development centre in Montreal.
The new Montreal headquarters, set to open in 2017, will maintain 700 jobs and consolidate ABB’s research and development, manufacturing, assembly and testing facilities under one roof. The new facility will also house the company’s North American Centre for Excellence in e-Mobility, which will focus on developing energy-management solutions for electric buses and trains.
This investment will put Canada on the map in a number of emerging technologies, such as robotics and Internet-connected devices, that will power the industrial systems of the future. The federal government’s Innovation Agenda aims to make this country a global centre for innovation, one that drives economic growth and leads to better skills, jobs and opportunities for all Canadians.
“When global companies look to invest, many seek the most innovative countries — the ones with the most creative and entrepreneurial people who can turn ideas into solutions. ABB’s decision to select Canada for its flagship North American operations is a clear vote of confidence in the talent and expertise of highly skilled Canadians. As a result of this investment, Canadians will develop next-generation industrial systems and the skills needed for the jobs of the future,” says Navdeep Bains, Minister of Innovation, Science and Economic Development.
ABB is a top Swiss investor in Canada. The company generates annual revenues of $2 billion and employs more than 4,500 Canadians in 50 locations across the country.
