Here is a summary of the companies where jobs were created and others were lost in August 2019.
In Montreal, Ormuco, which specializes in peripheral computing, received a $ 4 million investment from the Québec government, which will enable it to further develop its technology platform. Help that will create 40 new IT jobs.
Hydro-Québec is investing $ 85 million in Dana TM4 to grow this company specializing in electric drive systems. The state company owns 45% of the capital of Dana TM4. This investment will enable the company to develop its activities in China, integrate the activities of the Italian company SME (an electrical engine) and create 30 new jobs in Boucherville.
Inotech, a manufacturer of sawmill equipment based in Normandin (Saguenay-Lac-Saint-Jean) will make the largest investment in its history to improve productivity: $ 2 million. The company plans to expand its plant and acquire new equipment. 15 new employees will be added to the 60 already in place.
The Department of Agriculture and Agri-Food awards La Fromagerie Champêtre in Repentigny financial assistance of nearly $ 750,000 to optimize production and expand its plant. The project will create 6 full-time jobs.
The opening of a new Éconofitness branch at Place Saguenay in Chicoutimi will create 5 to 7 new jobs. The new 13,000 square foot gym will be accessible to guests 24 hours a day, 7 days a week.
Due to a wood supply problem, the Arbec sawmill in Port-Cartier (Côte-Nord) will have to deal with about 60 temporary layoffs. Transporting wood by train from the cutting site to the sawmill would be at the heart of the problem.
The completion of the Colonsay potash mine, east of Saskatoon, Saskatchewan, will result in 400 temporary layoffs. According to the leaders of the mine, this precipitous closure is due to the particularly wet spring experienced by the region, which has delayed their expeditions. The mine will resume operations next spring.
Flakeboard Factory, in the small community of St. Stephen, New Brunswick will close its doors by the end of the year. This wood chipboard manufacturing company was acquired in 2012 by the Chilean multinational Arauco. 65 to 70 jobs will be lost.
Nearly a hundred jobs were lost due to the closure of the Aryzta bakery in Longueuil. For three decades, this bakery specializes in frozen pizza dough.