AQ B3CG invests $6M in its new Saint-Eustache facilities
The company is counting on its electric vehicle-related expertise to continue its expansion
AQ B3CG, a company specializing in the supply of electrical harnesses and electromechanical connectors, announces a major $6-million investment to expand in Saint-Eustache.
This investment will allow the company to optimize its operations by focusing on automation and to boost its activities in the EV-related industry. The company also plans to hire more than 50 workers over the next three years.
“Our expertise in the electric vehicle industry is already recognized around the world. Modernizing our equipment allows us to remain at the cutting edge of technology to further explore this market, but it also allows us to better support our current clients in their projects, by getting closer to them,” explained Céline Brunet, Managing Director of AQ B3CG. “This major investment will allow us to further assist the management team, which is also responsible for our US plant in Plattsburgh, in order to bolster AQ Group’s presence in Canada and the United States.”
AQ B3CG had set up in Saint-Eustache several years ago and chose to build its new facilities in the new Innoparc Albatros business district. The company was keen to stay in this municipality where many of its employees reside. The City of Saint-Eustache played a key role in this expansion project from the outset.
“We are very proud that AQ B3CG has chosen to stay here in Saint-Eustache to continue its expansion. The activities of this company fit perfectly with the vocation of the Albatros Innoparc: a cutting-edge company dedicated to innovation. This exciting news will help maintain quality jobs in Saint-Eustache and generate new ones. Welcome to your home! ” said the Mayor of Saint-Eustache, Mr. Pierre Charron.
Over the last few months, Montréal International, Greater Montréal’s investment promotion agency, supported the company in its expansion. “Electric vehicles are a key industry of the future for Québec. As such, AQ B3CG has the critical expertise to develop this industry here and we are pleased to have participated in their project,” said Stéphane Paquet, President and CEO of Montréal International.
For more than a decade, Investissement Québec has been a partner of AQ B3CG, offering adapted financing and consulting services. “We are pleased to see one of our long-time partners expand in the Laurentides region. Recognized for their expertise in the development of sustainable technologies, the increase in their productivity will undoubtedly consolidate their strategic role in this key sector of our economy,” said Hubert Bolduc, President of Investissement Québec International.
About AQ B3CG
AQ B3CG is a company specializing in the sub-contracted assembly of complex electrical harnesses and electromechanical connectors for the transportation, medical equipment, electromechanical system and green energy sectors.
B3CG Interconnect was acquired in May 2018 by AQ Group, headquartered in Sweden. AQ Group is a top supplier for industrial clients. It mostly comprises operating companies that develop their own specific expertise and, in cooperation with other companies, provide cost-effective solutions in close cooperation with the client.
AQ has over 6,000 employees in Sweden, Bulgaria, China, Estonia, Hungary, India, Italy, Lithuania, Mexico, Poland, Serbia, Finland, Canada, United States, Brazil and Germany.