Baldor announces a capital investment in its Ste-Claire, Quebec facility

Baldor announces a capital investment in its Ste-Claire, Quebec facility 
11 new jobs to be created as pulleys production is moved to Ste-Claire, 
Québec from Mexico. Baldor's investment will help strengthen the economy of 
Ste-Claire and surrounding regions. 
STE-CLAIRE, QC, April 29, 2013 /CNW Telbec/ - Baldor, a member of the ABB 
Group, is pleased to announce that Investissement Québec has agreed to 
support investments in the Baldor St-Claire facility. The investment is 
intended to increase production capacity and modernise its equipment in 
preparation for moving a production line from Mexico to Quebec. 
The Ste-Claire management team successfully demonstrated to Baldor's 
headquarters in the U.S. the benefits of transferring four types of products 
from Baldor's facility in Mexico to Ste-Claire. "We appreciate the confidence 
that Investissement Québec has placed in Baldor," says Chris Poynter, Vice 
President of the Discrete Automation and Motion division for ABB in Canada. We 
are pleased to announce that those investments will result in new jobs to 
increase production and that we demonstrated that our Quebec base 
manufacturing can be as competitive as any of the other site that we consider. 
"This financial assistance will enable us to upgrade our production equipment, 
gain access to a growing market, as well as help us develop expertise and 
increase sales," says Pierre Boutin, Plant Manager for the Ste-Claire 
facility, in the Bellechasse region. 
On April 3(, )2013, Baldor was recognized for its contribution to the regional 
economy at the 6e Gala des sociétés en Bourse 2013. It won the top prize in 
the category "Regional investment - Public company based outside the Québec 
City region and Chaudière-Appalache."The annual event recognizes and 
celebrates the strategic role head offices play in driving economic vitality, 
innovation and creativity in the regions surrounding Québec City. 
Baldor's Ste-Claire facility has been in business for almost 50 years. It 
employs about 175 employees. It specializes in the design, production and 
marketing of top quality power transmission product components for a large 
range of industrial applications. Baldor is renowned for developing superior 
custom solutions and personalized customer service. In January 2011, Baldor 
was acquired by ABB and is now a proud member of the ABB Group. 
ABB (www.abb.com) is a leader in power and automation technologies that enable 
utility and industry customers to improve their performance while lowering 
environmental impact. The ABB Group of companies operates in around 100 
countries and employs about 145,000 people. 
In Canada, (www.abb.ca) employs about 3,000 people in more than 45 centers 
from coast to coast. We primarily serve customers in the utilities, mining and 
metals, oil, gas and petrochemicals, aerospace, life sciences and 
semiconductor markets. Our headquarters are based in Ville Saint-Laurent, 
Quebec. 
ABB in Canada Carolina Gallo Director of Communications St-Laurent, Quebec 
Canada Tel: 514-687-4779 Mobile: 514-206-4852 
SOURCE: ABB inc. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/April2013/29/c9695.html 
CO: ABB inc.
ST: Quebec
NI: UTI ECO  
-0- Apr/29/2013 21:01 GMT
 
 
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