GE to build Grid IQ Innovation Centre in Canada

GE and the government of Ontario have announced a new $40 million Grid IQ Innovation Centre, the first center of its kind for GE in Canada, to be located in Markham, Ontario.

Grid IQ is GE’s companywide commitment to solving customers’ challenges with more efficient, reliable and sustainable energy solutions. The 200,000-square-foot centre will develop and manufacture grid modernisation technologies and will encompass a global testing and simulation laboratory. The building is expected to open in July 2012.

The $40 million project, to be supported by a grant of $7.9 million from the government of Ontario, builds on a memorandum of understanding GE signed with the government in September 2009 to partner and invest long-term within the province to establish new or expanded centers of technology and advanced manufacturing. Under the agreement, GE recently announced the establishment of the company’s first Digital Pathology Centre of Excellence in Toronto and a $100 million investment in the GE Motors facility in Peterborough.

Read more here …