CVTech sets up energy subsidiary in Ontario
CVTech Group is setting up shop in Ontario with a new energy subsidiary outside of Toronto.
DRUMMONDVILLE, Que.: CVTech Group Inc. is setting up as subsidiary in Stouffville, Ont. that will service the province’s energy sector.
The company said it setting up Riggs Distler Inc. to expand its business in Ontario. The company delivers maintenance and construction services to the utility and heavy industrial markets.
CVTech said it would operate in a 8,000 square foot facility on a three-acre site will employ 10 administrative and technical staff, and it will have the potential to grow to 70 field workers over the next few months.
“The Ontario market offers interesting business opportunities for the energy sector following the adoption by the province of a long-term energy plan calling for investments of $87 billion over a 20-year period,” said president and CEO Andre Laramee.
CVTech is a management company. Its Thirau Ltée subsidiary provides services to the electric power industry for the maintenance of transmission and distribution lines in Quebec and the eastern US.
Its other subsidiary, J.J.L. Déboisement Inc. specializes in controlling vegetation around power lines and in clearing rights of way.