Quebec-based Sigma Industries Inc., a manufacturer specializing in the production of composite components, including for the wind power industry, is expanding its operations in the U.S. with the acquisition of a 70,000-square-foot facility in Surgoinsville, Tenn.
The new facility will produce composite parts for existing and future customers. The cost of the facility and required building improvements are expected to be approximately $2.5 million, and the facility is expected to be operational by the end of the second quarter of 2019.
In conjunction, Sigma Industries has created an operating subsidiary in the U.S., RMC Advanced Technologies Inc. Over the next three years, RMC Advanced Technologies Inc. will invest approximately $4.5 million in equipment and expects to employ up to 50 people when the facility runs at full capacity.
“This expansion in the U.S. represents an important strategic milestone for us,” says Denis Bertrand, president of Sigma Industries Inc. “It is the first step in our strategy to grow our operations in the U.S. market.”
The project’s realization is made possible in part by the assistance from the Quebec government’s Accelerated Growth Center program for which Sigma was chosen in May 2017. The program is part of the “Destination: U.S.” segment of the ministry’s Québec Export Strategy for 2016-2020, a Quebec government program that offers personalized services to companies developing their U.S. markets. Sigma Industries also thanks the Tennessee Department of Economic and Community Development, Hawkins County, Surgoinsville and the Tennessee Valley Authority Economic Development for their assistance and support.
Sigma Industries is active in the heavy-duty truck, coach, transit, machinery and wind energy markets. The company sells its products to original equipment manufacturers and distributors in the U.S., Canada and Europe.