Schneider Electric and Albesol Unveil New State-of-The-Art $20M Facility in Mississauga
SCHNEIDER ELEC UNSP/ADR (SBGSY)
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Source: Business Wire
New site expands local manufacturing and supply chain resilience for critical electrical infrastructure MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric Canada, a global leader in energy management and industrial automation, announces the inauguration of a new $20M state-of-the-art Albesol facility in Mississauga, Ontario. Launching on November 20, the new location marks a key milestone in their shared mission to strengthen Canada’s energy infrastructure and supply chain resilience.The new facility is set to expand its workforce from 28 to 50 employees over the coming year and will specialize in the manufacturing and assembly of medium-voltage switchgear—critical for electricity distribution. In addition, the site will produce modular electrical cabinets and heavy industrial process drives, essential for advancing process electrification and integrating power and process systems to meet Canada’s growing electrification demands.“This partnership reflects our shared commitme
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