CVTech Group Inc. announced Tuesday its Riggs Distler subsidiary, which provides maintenance and construction services to the utility and heavy industrial markets, will operate a facility in Stouffville, Ontario, about 50 kilometres north of downtown Toronto.
CVTech Group Inc. announced Tuesday its Riggs Distler subsidiary, which provides maintenance and construction services to the utility and heavy industrial markets, will operate a facility in Stouffville, Ontario, about 50 kilometres north of downtown Toronto.
“This facility will bring under the same roof administrative and technical personnel, as well as rolling stock and equipment,” Drummondville, Quebec-based CVTech stated in a press release.
Officials anticipate the facility will support about 10 office employees but the head count could increase to 70.
“The Ontario market offers interesting business opportunities for the energy sector following the adoption by the province of a long-term energy plan calling for investments of $87 billion over a 20-year period,” CVTech president and chief executive officer Andre Laramee stated in a press release.
Through its subsidiary Thirau Ltee, CVTech provides services to the electric power industry for the maintenance of transmission and distribution lines. Through Riggs Distler, it provides maintenance and construction services to the utility and heavy industrial markets. Through CVTech-IBC Inc., the firm designs, manufactures and sells continuously variable power transmission (CVT) systems. CVTech-AAB inc. specializes in rebuilding crankshafts and cylinders and in distributing engine parts.
DCN DIGITAL MEDIA
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