“This MOU creates an opportunity for CG and the province to test, demonstrate and further develop a variety of cutting-edge technologies in Manitoba for sale into the North American market.  We’ll also help facilitate partnerships with other local Manitoba companies, academic institutions and CG as these technologies are refined and manufactured in Manitoba,” said Chomiak.  “We’re at a very critical time when it comes to improving the reliability of our electrical grid system and meeting export contracts.  We’re pleased that Crompton Greaves is working to be a part of this bright future.”

“CG is very proud of this collaborative agreement with Manitoba.  We’ve been working here since 1946 and this will allow for the training and development of a highly skilled workforce in the province, which will be a major asset for the Manitoba economy over the next decade,” said Laurent Demortier, chief executive officer of CG.

CG Power Systems Canada Inc. produces large power transformers including high-voltage, direct-current (HVDC) converters as well as mobile substations.  Its Winnipeg plant has approximately 310 employees.

Budget 2012 saw the creation of the Energy Jobs Fund, which is a $30-million fund that will build on the province’s manufacturing strengths and work toward attracting new investments, Chomiak said.  This fund will be available to companies like CG, who manufacture equipment used in the production, generation or transmission of renewable energy.

Source: Province of Manitoba