Coginov gets 3.8 M$ from the government to develop a new intelligent informational platform
February 25, 2019
Quebec’s Labour minister Jean Boulet has announced a 3.8 M$ financial assistance to Coginov for its project of developing a new intelligent informational platform. Coginov’s project aims to synergistically increase the scientific and technological knowledge of the three partners of the project in order to take advantage of the informational flow of big data. 475 000$ of the government’s financial aid will be used to train employees. The project will create 50 jobs and help maintain 38 others.
W.J. Jones innovates in sea freight
February 25, 2019
W.J. Jones International Freight Forwarder innovates in sea freight by offering to its clientele a brand-new method of shipping, maritime groupage. As written in an L’Information d’Affaires article, this new technique allows companies to ship very small quantities instead of having to fill up whole containers. The Longueuil-based company is the first in Canada to offer this type of shipping to the food industry.
Residential sales and net internal migration jump in 2018
Residential sales and net internal migration have increased in 2018 in Longueuil. Houses and condos sales were up by 10% across the board, and the net internal migration has risen by 0.7% compared to 2017. This is translated to 280 new residents in Longueuil for 2018, as shown in the Institut de la statistique du Québec’s (ISQ) study. The latest numbers released par the Québec Federation of Real Estate Boards (QFREB) show that sales increased by 11% in the Vieux-Longueuil borough, 15% in the Saint-Hubert borough and 11% in the Saint-Lambert borough. The average selling price has risen in 2018, in part because of a strong decline of the number of houses and condos available on the market.
Pratt & Whitney appoints a first Designated Maintenance Facility in Canada
February 21, 2019
Pratt & Whitney Canada recently announced that it has appointed Portage Aircraft Maintenance Ltd. as its first Designated Maintenance Facility (DMF) in Canada. Based in Portage la Prairie, Manitoba, this new DMF will offer line maintenance and Mobile Repair Team services for the world's most popular agricultural (AG) aircraft. Portage Aircraft Maintenance provides a comprehensive range of maintenance and repair services through its 8,400 square foot, climate-controlled maintenance facility. Portage Aircraft Maintenance also has a 3,100-foot paved runway for the convenience of its customers.
Héroux-Devtek reports sales increases of 49% for its third trimester
February 13, 2019
Héroux-Devtek announced that its sales increased to 144,5 M$ for its third trimester, finishing December 31st, a 49% rise compared to last year’s results. Sales for the Longueuil-based company went up in large part because of organic revenue growth and the successful integration of Beaver and CESA, wich helped sales in the defence market make a 76% jump.
Sales go up by 4.7% for Agropur in 2018
February 13, 2019
The 80th of Agropur brings its share of good news. The Cooperative announced sales of 6.7 G$, a year-over-year increase of 4.7%. During the past year, the Cooperative continued its progress, expanded its footprint in the U.S. market for ingredients and industrial products, grew its market share in Canada, and achieved further operational efficiencies. The Cooperative founded in Granby is now a North American player and one of the top 20 dairy processors in the world.
Jetlines announces new low-cost flights from Montreal Saint-Hubert Airport as soon as nest year
February 11, 2019
Canada Jetlines announced its intention to offer direct low-cost flights from Montreal Saint-Hubert Airport to several Canadian and American cities. The flights would be welcoming passengers as soon as next year. Tourists would now be able to access low-cost direct flights from Longueuil instead of having to get, by car, to American airports like Plattsburgh and Burlington. Jetlines chose Montreal Saint-Hubert Airport because it recently upgraded its runway and because it has plans to build a new passenger terminal building.
Pratt & Whitney, the RTL et Agropur in Forbes’ best employers ranking
February 4, 2019
Three Longueuil compagnies were ranked in Forbes Magazine’s 300 Canada’s best employers ranking. Pratt & Whitney Canada is ranked fourth, behind only Google, the University of Toronto and Avis Budget Group. The Réseau de transport de Longueuil (RTL) is also in the top 10 (10th), while Agropur is 90th. Forbes’ annual ranking is compiled by surveying 8,000 Canadians working for businesses with at least 500 employees.
DEL reveals its new start-up incubator in old Longueuil
January 17, 2019
Développement économique Longueuil (DEL) officially proceeded to the unveiling of its new start-up incubator. Located in the old Longueuil neighbourhood, the incubator will take in start-ups with the goal of ensuring entrepreneurial growth. Companies will have to be participating in one of three help programs (validation, impulsion and acceleration 150:00) offered by DEL, but also to foreign companies looking to setup their operations in Northern America.