BID Group announces a strategic capital investment of $4.7 million towards the modernization of its equipment to increase production capacity in its Saint-Georges and Saint-Éphrem-de-Beauce facilities in Quebec, Canada.
In Saint-Georges, preparations are underway to introduce state-of-the-art equipment, including a new large band saw, a plasma cutting table, two CNC machine tools and a CNC Multi-task Mazak Integrex to increase its machining capacity. These changes represent a cumulative investment of $2.4 million.
Similarly, BID’s Saint-Éphrem-de-Beauce facility is actively being prepared to accommodate new equipment, namely an Automated Part Storage System, a CNC boring machine and a grinder with a robotic feeding system to increase production for Comact BLADE cutting tools. The collective investment for this equipment amounts to $2.3 million.
Through the incorporation of this new equipment, BID Group aims to increase its ability to deliver an extensive range of innovative technologies to its highly valued customers while enhancing operational efficiency.
Start-up and installation of the new equipment began in April 2023 and will be carried out until June 2024. The equipment modernization initiative will result in the creation of multiple new jobs, primarily for industrial mechanics and machinists.
BID Group is a global leader in transformational wood processing technologies and integrated solutions.
