International Engineering and Innovation Consultancy - ASSYSTEM EXPANDS IN GREATER MONTRÉAL
MONTREAL, June 21, 2011 /CNW Telbec/ - Assystem, an international engineering and innovation consultancy, is expanding in Greater Montréal. With support from Montréal International, the company plans to create or maintain more than 100 jobs over the next two years. The announcement was made during the 49th International Paris Air Show - Le Bourget.
Assystem has 45 years of experience in industrial engineering and has a global workforce of more than 9,000 employees in 14 countries working in the following fields: aerospace, transportation, naval and defence, energy and nuclear, and life sciences. Assystem is involved in complex infrastructure engineering and external R&D (product development, electronics and onboard systems).
Assystem has had a presence in Canada since 2004, when the company began providing development assistance to its customers—all major players in the global industry. Having established a strong presence in the aerospace sector, Assystem now has around 30 engineers in Montréal and develops new activities in the ground transportation and energy fields.
"Assystem is pursuing a policy of exogenous and endogenous growth, and intends to position itself as a leading international engineering and innovation consultancy. Our expansion in the Greater Montréal region is in line with our policy to develop our activities in North America and make our expertise available to major players in the local industry. We also aim to get closer to leading-edge companies in the Montréal region with whom we already established successful business ties in France several years ago," explained Assystem President Dominique Louis.
"Québec is among the major global aerospace players and we can take pride in that. Nearly 40,000 people work in this strategic industry of our economy. Foreign investors contribute significantly to the growth of the Québec aerospace sector, particularly as a result of expansion projects such as the one announced by Assystem. I would like to congratulate the company for its outstanding growth prospects," said the Minister of Economic Development, Innovation and Export Trade, Clément Gignac.
"A diversified and quality business offer, qualified and creative workers, effective infrastructures, a solid urban lifestyle—they all make Montréal an attractive region. Innovative companies such as Assystem that choose to set up here and prosper in the metropolitan region confirm the fact. Our 2011-2017 economic development strategy will allow us to capitalize on our assets to make Montréal a focal point for creativity and success," said Gérald Tremblay, Mayor of Montréal and President of the Communauté métropolitaine de Montréal.
"The expansion of a renowned enterprise such as Assystem in Greater Montréal further highlights the attractiveness of our metropolitan region and strengthens our local transportation sector's ability to offer engineering and design services in the aerospace and railway sectors as well as critical software development," pointed out Jacques St-Laurent, President and CEO of Montréal International.
Assystem is an international Engineering and Innovation Consultancy. As a key participant in the industry for more than 40 years, Assystem supports its customers in developing their products and managing their capital expenditure throughout the product life cycle. Assystem employs more than 9,000 people worldwide and reported €636,5 million in revenue in 2010. The company is listed on NYSE Euronext Paris - Compartment B - Code ISIN: FR0000074148 - ASY. For more information: www.assystem.com.
About Montréal International
Montréal International (MI) was created in 1996 as a result of a private/public partnership. Its mission is to contribute to the economic development of metropolitan Montréal and to enhance its international status. Its mandates include attracting foreign investment, international organizations and qualified foreign workers, as well as promoting the competitive and international environment of Greater Montréal. Montréal International is funded by the private sector, the Communauté métropolitaine de Montréal (Montréal Metropolitan Community), the City of Montréal and the Governments of Canada and Québec.
Since its creation, Montréal International has helped to attract more than $8 billion in foreign investment to Greater Montréal. From these investments, close to 45,000 jobs have been created or maintained. To date, MI's activities have also allowed almost half of the 70 international organizations to establish themselves in the city and, attract and retain, close to 5,500 qualified foreign workers. To learn more, please visit MI Web site at: www.montrealinternational.com.For further information:
| Benoît Lefèvre |
Tel.: 514 987-9323
| Michel Ohayon |
Tel.: +1 514 282-3331 # 2044
Cell.: +1 514 979-7557