GRI Takes Over Canadian Gas Research
Canadian gas industry research is being turned over to the Gas
Research Institute. GRI's newly created Canadian subsidiary, GRI
Canada, has been selected by Gas Technology Canada to manage a $5
million/year research, development and commercialization program.
All current GTC programs will be transferred to GRI, along with the
current program directors.
Nearly half of the existing program revenues are allocated for
natural gas vehicle development, with the balance divided among
industrial, environmental and HVAC/appliance research. The new
efforts will focus on offering Canadian companies an expanded range
of investment options.
GRI will offer a choice of funding-specific programs with
participation limited to Canadian companies, including a
continuation of existing programs and introduction of new programs
tailored to Canadian market and operational issues. It also will
offer opportunities to initiate Canadian-directed programs that are
beneficial to the overall North American market and to leverage
Canadian funding through programs marketed to specific U.S.
companies. Such programs could be included in the new GRI Select
line of business, which allows companies to partner with GRI,
Chicago, on proprietary technical activities. In addition, Canadian
firms will be given a chance to participate in and benefit from
GRI's programs in the U.S. market.
Initially, GRI Canada will be governed by a three-member board
of directors composed of Robert Tessier, president and CEO, Gaz
Metropolitain Inc., Montreal, Quebec; Bill Burnett, GRI senior vice
president, RD&C Operations; and Vince Fiore, a managing director
of GRI who led the efforts to form GRI Canada and serves on its
©Copyright 1998 Intelligence Press, Inc. All rights
reserved. The preceding news report may not be republished or
redistributed in whole or in part without prior written consent of
Intelligence Press, Inc.