GE Canada, EDC seek to boost aerospace competitiveness
Feb. 12, 2014, Bromont, Que. - GE Canada and Export Development Canada (EDC) are working together to identify and introduce innovative and globally minded Canadian companies into the supply chain of GE Aviation Bromont in Quebec.
February 12, 2014 By Carey Fredericks
Feb. 12, 2014, Bromont, Que. – GE Canada and Export Development Canada
(EDC) are working together to identify and introduce innovative and
globally minded Canadian companies into the supply chain of GE Aviation
Bromont in Quebec.
EDC, Canada’s leading provider of trade financing and insurance, will introduce 13 of its SME customers to the GE Aviation Bromont team. The introductions are being made as part of a GE Canada incubator session, targeting companies that have developed excellence in tooling and automation for GE Aviation Bromont’s aircraft engine business.
In 2013, GE Aviation Bromont further developed its advanced manufacturing capability with the opening of the Global Robotics, Automation and Instrumentation R&D Centre. This Centre develops advanced robotic processes, software applications and intellectual property for GE Aviation facilities and suppliers to improve operations worldwide.
“The investments that GE has made in the GE Aviation Global Robotics, Automation and Instrumentation R&D Centre must go hand in hand with a world-class supply chain in order to be globally competitive,” noted Alain Ouellette, Director of Operations, GE Aviation Bromont. “The strength of Canadian capabilities in the aerospace industry is well respected around the world, and we are always looking for ways to strengthen our partnerships with industry.”
EDC provides financing solutions for GE Canada based upon the quality of its Canadian footprint and the prominence of exporting in its business model. GE Canada has been a strategic partner for EDC due to its strong track record of growing exports from its Canadian operations and nurturing Canadian suppliers into dynamic exporters.
“Opening doors for Canadian SMEs into the value chains of major corporations is a critical part of how EDC brings real value to its customers, above and beyond its financial solutions,” said Rajesh Sharma, Senior Vice-President and Global Head, Business Development. “Partners like GE Canada are critical to Canada’s exporting story, pulling along Canadian suppliers into global markets and helping to open doors for them as well.”