(Bromont) A boost to an electronics sector which could represent investments of more than 10 billion, Ottawa and Quebec announced this Friday investments totaling 100 million, which will finance in particular the vast expansion project of the IBM factory in Bromont .
This factory, opened in 1972, is the center of IBM’s electronic component assembly and testing activities in North America, these “semiconductors” integrated into virtually all technological devices. They are also integrated into another sector that Quebec wishes to develop, that of batteries.
IBM has planned an expansion project totaling 226.5 million at its Bromont factory. It is located within the Technum Québec digital technology innovation zone. Last November, the CEO of the organization, Normand Bourbonnais, indicated to The Press expect investments “that could reach nearly 10 billion in the next 5 to 10 years in Quebec or Canada”.
PHOTO CHRISTINNE MUSCHI, THE CANADIAN PRESS
Prime Minister Justin Trudeau
Present in Bromont, the Prime Minister of Canada Justin Trudeau explained this federal investment, which contributes 59.9 million to the expansion project, by the need to “strengthen the supply chains of semiconductors in the country […] in an increasingly uncertain world.
On the side of Quebec, which will contribute 40 million to the project, the Minister of Economy and Innovation, Pierre Fitzgibbon, presented this investment as “the archetype of what (the government) wants to do in the areas of innovation “.