BID Group to Invest $4.7 Million in Modernizing Equipment at Saint-Georges and Saint-Éphrem-de-Beauce Facilities in Quebec
Saint-Georges, Quebec, June 12, 2023 – BID Group, a global leader in transformational wood processing technologies and integrated solutions, is pleased to announce a strategic capital investment of $4.7 million towards the modernization of its equipment to increase production capacity in its Saint-Georges and Saint-Éphrem-de-Beauce facilities in Quebec.
In Saint-Georges, preparations are underway to introduce state-of-the-art equipment, including a new large band saw, a plasma cutting table, two CNC machine tools and a CNC Multi-task Mazak Integrex to increase its machining capacity. These changes represent a cumulative investment of $2.4 million.
Similarly, BID’s Saint-Éphrem-de-Beauce facility is actively being prepared to accommodate new equipment, namely an Automated Part Storage System, a CNC boring machine and a grinder with a robotic feeding system to increase production for Comact BLADE cutting tools. The collective investment for this equipment amounts to $2.3 million.
Through the incorporation of this new equipment, BID Group aims to increase its ability to deliver an extensive range of innovative technologies to its highly valued customers while enhancing operational efficiency.
“We are grateful and privileged to receive the ongoing trust of our customers, whose achievements are propelling the demand for such investments. We are enthusiastic about our efforts to modernize our presence in Quebec’s Beauce region and to contribute additional employment opportunities to our current workforce.” said Simon Potvin, President of Wood Processing.
Start-up and installation of the new equipment began in April 2023 and will be carried out until June 2024. The equipment modernization initiative will result in the creation of multiple new jobs, primarily for industrial mechanics and machinists. Applications for these positions may be sent to email@example.com.