LM Wind Power Canada, a designer and independent supplier of rotor blades for wind turbines, recently received financial support from the government of Quebec for an expansion of its factory in Gaspe, Quebec.
The $5.7 million investment was announced at the factory last Friday in the presence of three ministers of the Quebec government, the deputy of Gaspe and the mayor of Gaspe.
Founded in 2005, LM Wind Power Canada is a subsidiary of LM Wind Power, based in Denmark. As a result of this new expansion, the company says it will have 450 jobs in the Gaspésie-Îles de la Madeleine region by 2018.
The package includes a $4.3 million loan from the Ministry of Economy, Science and Innovation and a grant of close to $1.4 million from Emploi Québec for the technical training of workers.
“Our success in Gaspe sends a strong signal about the increasing viability of wind energy and renewables within the overall energy mix,” comments Marc de Jong, CEO of LM Wind Power. “We are strongly encouraged by the remarks of our visionary government partners in Quebec and call upon them to look again at the opportunity investments like this can create. It is exciting to see that they recognize the affordability and viability of wind energy.”