LONGUEUIL: Value of building permits rises by 19.8% in 2018
June 21, 2019
The value of building permits has risen by 19.8% in Longueuil last year. Numbers published by the Institut de la statistique du Québec (ISQ) shows that the value has reached $1.33 M in 2018, more than double what it was four years ago. Residential construction was the more active sector with $912 371 in permits, followed by the commercial ($247 185), industrial ($88 285) and institutional ($84 793) sectors. No other MRC in the Montérégie even reached $400 000 in building permits value last year.
LONGUEUIL: Longueuil population’s natural increase grows in 2018
June 18, 2019
Longueuil population’s natural increase has risen in 2018. According to the Institut de la statistique du Québec (ISQ), there were 4136 births and 3313 deaths last year, for a natural increase of 823 persons. It is a boost of 0.6% compared to 2017’s numbers.
LONGUEUIL: Airmedic invests $30 M to buy three new helicopters
June 17, 2019
Airmedic recently invested $30 M to buy three new EC145e helicopters. The new aircrafts will enable the Longueuil-based company to deploy aircrafts that have been tailored for air medical transport, known for their versatility and reliability, to support lifesaving missions throughout Quebec. Those three new acquisitions will bring to nine Airmedic's total number of aircrafts entirely dedicated to emergency medical services.
To read Airmedic’s press release
LONGUEUIL: The Canadian Space Agency awards a $30 M contract for a new space mission
June 14, 2019
The Canadian Space Agency announced that it has awarded a $30 M contract to Honeywell for the design and implementation phases of the QEYSSat mission, wich is excepted to launch in 2022. Under this contract, Honeywell will build, test, deliver, provide training for and commission the QEYSSat satellite, which will create a link between ground and space to transmit encryption keys. The mission should bring Canada a step closer to an operational quantum communications service from space, and will advance technology to help meet Canada's cybersecurity priorities.
LONGUEUIL: Desjardins invests $400 000 in X-TELIA
June 10, 2019
Desjardins has announced that it has invested $400 000 in X-TELIA, a Longueuil-based company specialized in the Internet of things and home automation sector. That investment is part of the creation of a $ 45 million fintech investment pool that aims to give Desjardins direct access to ownership of fintech (short for “financial technology”) companies, in Quebec and elsewhere.
LONGUEUIL: Héroux-Devtek acquires a landing gear components manufacturer
June 10, 2019
Héroux-Devtek recently acquired Alta Précision Inc., a landing gear components manufacturer, for $23 million. The acquisition will expand Héroux-Devtek’s portfolio of commercial products by providing both access to new programs and additional content on existing platforms, explains Martin Brassard, president and CEO. It also means that Héroux-Devtek now employs about 800 workers in Québec
LONGUEUIL: Letenda teams up with Rio Tinto to develop an electric, aluminum-based bus
June 5, 2019
Longueuil-based Letenda is teaming-up with Rio Tinto to develop an electric, aluminum-based bus. The goal set by Letenda is to present a new wave of buses in 2020 that is propelled by an electric engine and that is winter-tough. The fist model, called Electrip, is a nine meters long bus that is aimed at companies and institution so they could transport personnel or clients on short trips.
LONGUEUIL: Evolution to Industry 4.0 well on its way at Profecta
May, 27 2019
Profecta, a Longueuil-based label provider for the food, pharmaceutical and chemical industries, has taken the steps to implement Industry 4.0 standards in its factory. According to La Presse, Profecta has already put in place an ERP system to fully take advantage of automation and data exchange to boost productivity. The ultimate goal, reveals the chief executive Christian Dollo, is to get in real time the costs associated with the manufacturing all of its products. With its ERP, Profecta is gathers, analyses and archives all the data collected from its administrative and operational activities.
LONGUEUIL: Good news all around for Héroux-Devtek
May 23, 2019
Héroux-Devtek announced that it has concluded its previously announced agreement to supply the main landing gears for Boeing's F/A-18E/F Super Hornet and EA-18G Growler and has extended the scope of the agreement to include the manufacturing of the nose and main landing gears for Boeing's Advanced F-15 program. The extended scope will also include the supply of spare parts and aftermarket services for both defense aircraft programs and covers a period of performance of five years. The Longueuil-based company also announced its fourth quarter results, wich show sales of $157.9 M, an increase of 39.7%.
LONGUEUIL: DEL holds its first « Demo Day »
May 22,2019
Développement économique Longueuil (DEL) recently held its first « Demo Day », in wich eight company presented themselves to the entrepreneur community. Each one had five minutes to explain their progress, their business model and their financial aid requirements to the crowd of 200 that participated in the event.
