Home » today » Business » The Fonds de solidarité FTQ and Investissement Québec invest $ 30 million in the construction sector

The Fonds de solidarité FTQ and Investissement Québec invest $ 30 million in the construction sector

The Fonds de solidarité FTQ and Investissement Québec have announced an investment of $ 30 million to support the growth plan of EBC, a giant in the construction sector in Quebec.

These two new financial partners of EBC will put on the table $ 15 million each.

“The financial support from the Fonds de solidarité FTQ and Investissement Québec will allow us to stay the course on our growth plan and strengthen our position as a Canadian leader in the implementation of construction projects,” Marie-Claude said Monday. Houle, President and CEO of EBC, by press release.

“EBC is one of the companies best positioned to participate in the major construction projects that will be launched in the coming years, both in Quebec and Canada,” said Janie C. Béïque, Senior Vice-President. President of the Fonds de solidarité FTQ’s investments.

“We are very proud to be associated with the success of EBC and to support it in its growth projects”, she added.

For his part, the Director General of Investissement Quebec, Guy Leblanc, considers “essential to support companies that are part of one of the key sectors of Quebec’s economic recovery”.

The company founded in 1968 and headquartered in L’Ancienne-Lorette, in the Quebec City region, has developed over the years an expertise in the construction of public infrastructure and the building, energy and construction sectors. mines.

Recently, EBC notably participated in construction projects for the new Champlain Bridge, in addition to obtaining major contracts, including one for $ 220 million from the CHUM and another for approximately $ 60 million for the construction of the National Museum of Fine Arts. -arts of Quebec. The company also won a contract for the office development of the Deloitte Tower in Montreal and another for the expansion of the Ottawa Art Gallery, an $ 80 million project that will include hotel floors. and condominiums, can we read on its website.

Second largest general contractor in Quebec, EBC employs more than 2,800 people. Its turnover exceeded the billion dollar mark in 2019.

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