# BID Group to invest $4.7M in modernizing Quebec facilities

BID Group will invest $4.7 million to modernize equipment at its Saint-Georges and Saint-Éphrem-de-Beauce facilities in Quebec, including new band saws, CNC machines, and an automated storage system, to increase production capacity. The project will create multiple new jobs.

- Type: Investment
- Announced: 2023-06-12
- Where: Saint-Georges and Saint-Éphrem-de-Beauce, Quebec, Canada
- Value: $4.70M
- Starts operating: Apr 2023
- Status: under construction
- Products: wood processing equipment, cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [BID Group](https://endata.com/companies/17511.md)

## Sources

- [comact.com](https://www.comact.com/en/bid-group-to-invest-4-7-million-in-modernizing-equipment-at-saint-georges-and-saint-ephrem-de-beauce-facilities-in-quebec/), 2023-06-12: "We are grateful and privileged to receive the ongoing trust of our customers, whose achievements are propelling the demand for such investments."

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