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LM Wind Power Gaspé Factory Expansion Shows How Wind Industry Growth Brings Strategic Economic Gains

24 January 2017

LM Wind Power Gaspé Factory Expansion Shows How Wind Industry Growth Brings Strategic Economic Gains

The expansion of LM Wind Power's Gaspe factory, which last week received financial support of almost USD 5.7 million from the Government of Quebec, is evidence of how support for green industries can create new, highly- skilled and valuable employment.

The company says it is open to collaboration for future growth.

The new investment, announced at the factory last Friday in the presence of three Ministers of the Quebec government, the Deputy of Gaspe and the Mayor of Gaspe, is a case study in how collaboration between government and industry can yield long term economic growth - especially in regions where a shortage of high value jobs and skills pervades.

LM Wind Power says that, as part of a total investment, valued at more than USD 12 million, 265 new jobs will be created in a region where demand may grow and appetite for long-term, strategic employment is high, while growth is sometimes harder to achieve.

"The key to success is the pragmatic and strategic view taken by all parties in the project," said Alexandre Boulay, LM Wind Power Plant Director in Gaspe. “We are hopeful of more demand in Canada as wind energy grows here and committed to delivering a return on this investment by developing the skills of all current and future employees in the region of Gaspésie-Îles de la Madeleine."

The package announced includes a $ 4.3 million loan from the Ministry of Economy, Science and Innovation and a grant of close to $ 1.4 million from Emploi Québec for skilled technical training of workers.

The announcement was made last week by Minister of Economy, Science and Innovation and Minister responsible for the Digital Agenda, Dominique Anglade, accompanied by the Minister of Energy and Natural Resources, Minister Responsible for the North Plan and Minister responsible for the North Shore region, Pierre Arcand, and Minister of Education, Recreation and Sports, Minister of the Family and Minister responsible for the Gaspésie-Îles de la Madeleine, Sébastien Proulx.

The investment project will allow, among other things, LM Wind Power Canada to manufacture high quality blades for wind turbines for Canada and the US market but it also ensures the facility is open for new business from additional customers in future.  

Marc de Jong, LM Wind Power CEO, joined the presentation in Gaspe via teleconference. "Our success in Gaspe sends a strong signal about the increasing viability of wind energy and renewables within the overall energy mix. We are strongly encouraged by the remarks of our visionary government partners in Quebec and call upon them to look again at the opportunity investments like this can create.  It is exciting to see that they recognise the affordability and viability of wind energy. We want to collaborate further and fully realise the opportunity this represents for the wider economy. We have the technology, the talent is there to be developed and through teamwork we can bring more clean and reliable energy to the whole country," Marc de Jong said.

 


Photo provided by LM Windpower





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