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Premier Tech invests 7 million dollars

06 April 20172 min reading

Premier Tech is investing seven million dollars to expand one of its plants in Rivière-du-Loup, Canada. The company makes this investment due to the great demand for its automated packaging systems.

premiertech88To support the steady growth of its Industrial Equipment Group, Premier Tech will inject seven million dollars into expanding one of the plants at its Campus in Rivière-du-Loup. The company makes this investment due to the great demand for its automated packaging systems manufactured in Rivière-du-Loup. Starting in March, the work for adding 2,300 square meters to one of the two Industrial Equipment Group plants in Rivière-du-Loup will get under way. The expansion will include an area dedicated to final assembly and start-up of the automated packaging systems designed by Premier Tech’s engineering teams. The latter aspect is necessary with the considerable increase in sales in the food industry that the Group has been experiencing for several years. This major investment is in addition to the 15-million-dollar one, announced earlier this winter, for the expansion of the Campus’s road network and the construction of a three-storey office building. This will bring Premier Tech’s investments to over 21 million dollars into its Campus over the next year.

“This expansion is a major step for our Industrial Equipment Group teams,” states Jean Bélanger, President and CEO of Premier Tech, “It demonstrates the extent of our teams’ skills. Our clients, regardless of where they are from, don’t hesitate to come to Rivière-du-Loup because they recognize the state-of-the-art nature of our solutions. The growth potential is considerable, and it’s really very encouraging for the entire team.”

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