# Groupe Hypertec invests $71.4M in Montreal, creating 260+ jobs

Groupe Hypertec is investing $71.4 million in Saint-Laurent, Montreal, with $12 million in government support from Quebec. The project will create over 260 jobs and includes increasing IT equipment production, a data center, recycling activities, and expansion of services.

- Type: Investment
- Announced: 2016-11-25
- Where: Saint-Laurent, Montreal, Canada
- Value: $53.5M (71.4M CAD)
- Jobs: 260
- Status: announced
- Products: IT equipment, data center services, electronic recycling
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Groupe Hypertec](https://endata.com/companies/19774.md)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/groupe-hypertec--creation-de-plus-de-260-emplois-a-montreal---quebec-soutient-un-projet-dinvestissement-de-714-millions-de-dollars-603007166.html), 2016-11-25: "Nous sommes fiers de soutenir ce projet, qui contribue autant à la croissance de l'industrie manufacturière qu'à celle du secteur des TIC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.