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SME Universe | CMP stores funds and energy

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CMP is very biased towards carbon neutrality.

The agreement that the metal products manufacturer has just concluded with the Fonds de solidarité FTQ, which is becoming a minority shareholder, will allow it to increase its eco-responsible manufacturing and build a new carbon-neutral plant.

“CMP is at the heart of the green energy movement,” says Alain Prévost, Vice President, Continuous Improvement and Quality. “But unlike other manufacturers who have focused on the electrification of transport, we focus on energy storage to enable the electrification of different solutions. »

Its emblematic product is the enclosure, the size of a small container, which it manufactures for the new energy storage unit EVLO 1000, from the Quebec company of the same name. The batteries it contains can store up to 1 MWh.

A large steel wardrobe, after all? Not so simple, argues Alain Prévost. “Yes, it just looks like a big metal box with batteries inside, but there are a lot of formalities to remain compatible with the different legislations of the places where these products are going to be installed. »

The Châteauguay company specializes in the design and manufacture of metal enclosures and complex electromechanical assemblies. “We transform the equivalent of one ton of steel per hour in our Châteauguay plant,” he informs.

CMP employs some 350 people in its 350,000 sq. ft. facilities in Quebec.⁠2. It also has a 250,000 square foot factory in Binghamton, New York.

Yet half a century old, the family business is little known in Quebec.

“It’s not known locally because 98% of our customers are American,” explains the vice-president.

Its name does not appear there, but CMP has nevertheless contributed to the manufacture of highly visible products in Quebec, such as BIXI bike-sharing stations and Azur metro car doors. Its main vehicle for growth, however, remains its customer base in emerging technologies.

“Our competitive advantage is to be able to bring products to market in a short period of time and to increase the production rate to meet customer needs,” explains Alain Prévost. This is really our niche and our differentiator. We are looking for customers who have these needs. »

The (unquantified) investment from the Solidarity Fund will help CMP find them, particularly on the American market.

“It brings sustainability to CMP’s growth strategy,” comments the vice-president. It ensures the transition from medium to large business, because it ensures the financing of the next stages of investment. »

One of these steps is the construction of a new 75,000 sq.⁠2, which is attached to its Châteauguay facilities. The company’s strategic plan provides for the addition of two other buildings totaling 500,000 sq.⁠2 “to be able to sustain manufacturing growth”.

CMP wants its new facilities to achieve carbon neutrality by 2024.

“The customers we do business with sell solutions that also serve to reduce GHGs and have the lowest possible carbon footprint. They must have manufacturers who have the same vision,” explains Alain Prévost.

“Our factories will be developed with methods and equipment that will allow us to be carbon neutral. »

In particular, the company decided to replace its gas ovens for baking paint with electric ovens.

“The objective is to have manufacturing processes that will not use any fossil energy. »

The first recycled and recyclable Quebec pen


PHOTO VINCENT CASTONGUAY, PROVIDED BY KOTMO

Kotmo is launching its Ciklo pen this week, the first pen made in Quebec from recycled plastic, which is itself largely recyclable.

A pen that draws a line under waste. Dedicated to the creation of sustainable and eco-responsible promotional items, Kotmo is launching this week the first pen made in Quebec from recycled plastic, itself largely recyclable. The company points out that pens are the second best-selling promotional products. The team of co-owners Céline Juppeau and Cindy Couture devoted more than three years of research to the development of the Ciklo pen. Its barrel, cap and screw cap are molded from post-consumer recycled polypropylene. The internal cartridge, which combines the ball point and the gel ink reservoir, is provided by the German specialist manufacturer Schmidt – you can’t rewrite everything. But Kotmo is already working on the development of a compostable cartridge made in Quebec. The current reservoir gives it 1.5 times more writing than regular promotional pens, the company claims. At the end of their life, when everything has been said, the pens can be recovered thanks to a collection program set up in collaboration with MultiRecycle. The bodies of the pens will then be melted to mold new ones. The words fly away, but the pens remain.

Nurse is healthy


PHOTO PROVIDED BY GARDE-MALADE

Garde-Malade is counting on the flexibility of its uniforms and its organizational structure to expand even further.

Finally some good news in the field of health. Garde-Malade is counting on the flexibility of its uniforms and its organizational structure to expand even further. Its second year of existence ended with an excellent balance sheet of financial health: 5 million in turnover, 10 times more than the previous year. The company was founded in 2020 by Steve De Petrillo and Marie-Claude Parent, after the latter noted the discomfort of hospital staff uniforms the former attended for nearly a year to treat cancer . They themselves have designed clothes that are better suited to the task of caregivers, in soft and stretchy fabrics. All sales are made online on the company’s website. At present, Garde-Malade fulfills 4500 orders per month. Manufactured by a series of subcontractors in Montreal workshops, the uniforms pass through its Mirabel warehouse to be shipped to Quebec, Ontario and Alberta, in particular. Those for the US market are made in Brooklyn and Los Angeles. Garde-Malade, which takes care of 17 employees, plans to double its sales next year.

Urbanimmersive acquires HomeVisit


SCREENSHOT FROM URBANIMMERSIVE WEBSITE

An example property illustrated with Urbanimmersive’s visual marketing tools.

A transaction that changes the portrait of the North American real estate sector. Urbanimmersive, a Quebec company specializing in real estate photography technologies and services, has announced the acquisition of its American counterpart HomeVisit, owned by CoreLogic. Based in Chantilly, Virginia, HomeVisit provides real estate solutions focused on visual content marketing: real estate photography, videography, 3D tours, drone photography, and more. The purchase price of the property: 9 million Canadian dollars. Payment is made in part by issuing common shares of Urbanimmersive equal to 19.9% ​​of the outstanding shares. CoreLogic thus becomes a strategic partner and shareholder of the Saint-Hubert company. This is the largest acquisition made by Urbanimmersive since its creation in 2007, informs the company. It will enable it to considerably increase its presence in several American states. The transaction “virtually doubles the revenues of the Urbanimmersive group and establishes us as an undisputed leader as an integrated real estate photography technology and services company in North America”, said in a press release the president and chief executive officer of Urbanimmersive, Ghislain Lemire.

500

About 500 tonnes of sea urchins are harvested each year in Quebec, almost all of which are exported. This fall, 10,000 kg of sea urchins will end up in the kitchens of Quebec restaurants. The La Table Ronde collective has entered into an agreement to this effect with the Wolastoqiyik Wahsipekuk First Nation of Cacouna, which harvests approximately 20% of the sea urchins caught in Quebec by hand.



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