Economic Development and Small Business
Post-Secondary Education, Training and Labour
Multinational technology firm opens office in Moncton29 October 2019
MONCTON (GNB) – A multinational information technology service and consulting company opened an office in Moncton today.
HCL Technologies announced the opening of a global delivery centre which will focus on providing technology support in such areas as application development and testing.
“This is a win-win for New Brunswick,” said Economic Development and Small Business Minister Mary Wilson, who is also minister responsible for Opportunities NB. “Population growth and economic development depend upon each other. We need new jobs and new people to prosper and grow. HCL is bringing skilled newcomers and creating jobs for our graduates, both of which will help to strengthen our workforce and energize the private sector. Our province welcomes them, their incredible team, and this exciting new growth.”
Opportunities NB provided guidance and resources for the centre which will include a combination of relocated workers and local hires. The company anticipates the number of employees to grow to 300 over the next three years.
“The launch of this global delivery centre champions our next decade of growth in Canada and the region,” said Jagadeshwar Gattu, the company’s corporate vice-president of infrastructure delivery, Americas. “The area is a key one for HCL and we have been extremely fortunate to have partners such as Opportunities NB; the Department of Post-Secondary Education, Training and Labour; the Moncton Multicultural Association and the City of Moncton to help manage this growth. We look forward to many years of success.”
The expansion supports objectives set out in New Brunswick’s Population Growth Strategy, a plan that depends upon the collective efforts of the federal, provincial and municipal governments.
“We have worked with our stakeholders and the local immigration partnership, which includes immigration partners for the Greater Moncton region, to welcome the company and their employees to our province,” said Post-Secondary Education Training and Labour Minister Trevor Holder. “We will continue working together to build welcoming communities that create an environment where newcomers and their families can settle and succeed.”
In support of this expansion, the company is eligible for an investment of up to $6.26 million from Opportunities NB, through a payroll rebate, a forgivable loan, and non-repayable contributions. Opportunities NB is a Crown corporation that seeks to attract and support opportunities to grow the economy and create jobs.
Energizing the Private Sector is one of the government’s key priorities. More information about the government’s priorities and measurements is available online.29-10-19