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The Brandt Group of Companies has entered into a binding agreement to acquire the former Mitsubishi Hitachi Power Systems Canada Ltd. facility in Saskatoon, including a 208,000 sq/ft manufacturing plant and equipment, from Prestige Equipment and Hilco Global. The plant had closed in October 2016. Brandt plans to reintroduce green energy technologies such as wind turbines.
“When we learned that the Hitachi assets were going be broken up and sold off in spring, we had to act fast or the province would lose a world-class facility and the ability to produce large-scale green energy products.”newswire.ca
Summarized from public sources; check the original articles before acting on it.