Released on March 13, 1995
Premier Roy Romanow and Economic Development Minister DwainLingenfelter today welcomed the announcement that Hitachi Canadian
Industries Limited is proceeding with a $2.2-million expansion at its
turbine manufacturing plant in Saskatoon.
"In just six years Hitachi Canadian Industries has become an important
exporter of value-added products and a significant employer of
highly-skilled people," Romanow said. "We applaud this latest
initiative to develop new products to be marketed around the world."
Hitachi has announced that it will purchase sophisticated advanced
technology production equipment worth $2.2 million which will enable
the company to diversify its product line and remain competitive with
companies in eastern Europe and Asia.
In an earlier phase of the expansion in 1994, the company invested
about $3.5 million in the construction of a new production building and
the purchase of production equipment.
Installation of the most recent equipment is expected to be completed
by September, 1995.
Lingenfelter said Hitachi Canadian Industries is an important industry
because of the number of people it employs and the quality of the jobs
it offers.
"In six years the number of employees has grown dramatically,"
Lingenfelter said. "Equally important, Hitachi has hired graduates of
SIAST and the University of Saskatchewan and provided them with
excellent opportunities to apply and enhance their skills and
abilities."
Lingenfelter said the government of Saskatchewan will support Hitachi's
latest expansion by providing a training allowance of $262,500 to train
new employees. The expansion adds to the company's work force, which
has grown from 34 to the present 115.
"Worker training, increased exports and the development and marketing
of advanced technology are goals identified in our Partnership for
Renewal economic development strategy," Lingenfelter said. "Hitachi's
success story epitomizes how we can achieve those goals."
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For more information, contact:
Raman Visvanathan Denise Frey
Economic Development Hitachi Canadian Industries
Regina Saskatoon
Phone: 787-9215 Phone: 242-9222