Hydro-Québec

Announcements · 3

Sep 10, 2020INVESTMENTBoucherville, Quebec, Canada$18.5M100 jobs
Hydro-Quebec invests CAN$25 million to grow Dana TM4 electric motor business
Hydro-Quebec will invest over CAN$25 million in 2020 to grow Dana TM4 and its electric powertrain business, with new operations in the UK, India and the US and 100 new jobs in Boucherville, Quebec.
Dana TM4 Dana Incorporated partner Hydro-Québec investor #Electrical Equipment #Automotive Components newswire.ca
Jun 19, 2019CONTRACTRapide-Blanc, Saint-Maurice River, Québec, Canada
Hydro-Québec awards Voith turbine and generator replacement at Rapide-Blanc station
Hydro-Québec awarded Voith a major contract to replace turbines, generators and governors at the 1930s Rapide-Blanc station on the Saint-Maurice River. The project is expected to be completed by the end of 2025.
Voith supplier Hydro-Québec customer #Power Generation Equipment waterpowermagazine.com
Jun 22, 2018ACQUISITIONBoucherville, Québec, Canada$127.0M130 jobs
Dana acquires majority stake in TM4 from Hydro-Québec in electric motor joint venture
Dana Incorporated becomes majority shareholder of TM4, Hydro-Québec's electric motor and inverter subsidiary, for CA$165 million, with Hydro-Québec keeping 45%. TM4's Boucherville, Québec facility and 130 employees remain in place.
Dana Incorporated acquirer Hydro-Québec partner TM4 Inc. target #Automotive Components #Electrical Equipment dana.com

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