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GE Canada and EDC co-host Canadian high-tech companies to boost competitiveness in the global aerospace market

BROMONT, QC, Feb. 12, 2014 /CNW/ - 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."

Canadian companies with leading edge expertise and the ability to export that are interested in EDC's trade development opportunities can learn more here or by calling 1-800-267-8510.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and helping to cure the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

About EDC

EDC is Canada's export credit agency, providing financing and insurance solutions locally and around the world to help Canadian companies of any size respond to international business opportunities. As a profitable Crown corporation that operates on commercial principles, EDC works together with private- and public- sector financial institutions to create greater capacity for Canadian companies to engage in trade and investment.

For more information about how EDC can help your company, visit www.edc.ca

SOURCE Export Development Canada

Image with caption: "GE Canada technician operating state of the art machinery at Bromont Aerospace R&D facility (CNW Group/Export Development Canada)". Image available at: http://photos.newswire.ca/images/download/20140212_C9581_PHOTO_EN_36598.jpg

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