# Premier Tech announces $251.2M investment in Quebec facilities

Premier Tech announced a $251.2 million investment in its facilities in Bas-Saint-Laurent, Quebec, including a $45 million loan from the Quebec government, to create 500 jobs over five years and accelerate digital transformation and R&D.

- Type: Investment
- Announced: 2020-12-18
- Where: Bas-Saint-Laurent, Quebec, Canada
- Value: $196.0M (251.2M CAD)
- Jobs: 500
- Status: announced
- Products: sustainable products, technologies for gardening, crop yields, manufacturing, water treatment and recycling
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Premier Tech](https://endata.com/companies/5455.md)

## Sources

- [chaireentreprisefamiliale.hec.ca](https://chaireentreprisefamiliale.hec.ca/en/premier-tech-18-decembre-2020/), 2020-12-18: "Premier Tech announced that it will create 500 jobs in Québec within 5 years by investing $ 251.2M-including $ 45M from a loan from the Quebec government-in its facilities in Bas-Saint-Laurent."

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