Coencorp News

Coencorp Lands Another Municipal Client for Fleet Fuel & Maintenance Management

Shot of the City of St-Sauveur in Quebec Canada

Coencorp, a leading fleet management solutions provider, wins a contract to supply fleet fuel & maintenance software, hardware and support services to St. Saveur, a city north of Montreal, Quebec.

Brossard, Canada - December 10, 2020 /PressCable/ —

Municipalities across North America are currently focusing to reduce the costs and expenditures of their fleet operations in two main areas being fuel consumption and vehicle maintenance. Coencorp Consultant Corporation is pleased to announce the award of a contract to supply their SM-2 Fuel and SM-2 Maintain integrated fleet management solutions hardware, software and support services to the City of Saint Sauveur located north of Montreal, Quebec.

The City of Saint Sauveur operates approximately 80 vehicles to service the needs of the community with a population of approximately 10,000 and a land area of roughly 50 square kilometers. In the contract, Coencorp will provide fuel management hardware and software to automate the inventory and dispensing of fuel at the two main fueling stations. In addition, Coencorp will work to set up a maintenance management cloud-based solution to monitor the City’s fleet maintenance scheduling along with parts inventory.

Ali Tavassoli, President and CEO of Coencorp comments, “Labor, maintenance and fuel are typically the largest expenses for any fleet vehicle operations. The management at the City of Saint Sauveur were looking not only for a reliable fuel management solution, they also wanted an integrated solution for the maintenance program of their fleet of 80 vehicles. We have been providing municipalities across North America with fleet management solutions for over 30 years and we are pleased that Saint Saveur chose Coencorp as their fleet management partner.”

Coencorp will also be providing ongoing live support to all levels of the city’s management and operational team to ensure a smooth implementation of the integrated fleet management solution. Much of the hardware has already been shipped to the city and work has begun to implement the fuel management hardware at Saint Sauveur’s two main fueling facilities.

Mr. Tavassoli adds, ” Monitoring fuel and accurate accounting of fuel deliveries with dispensing of fuel to a fleet can be difficult to reconcile daily and monthly. The SM2 Fuel system automatically and accurately accounts the transactions and inventory management of the fleet’s fuel and other consumables.”

Full implementation of the fuel and maintenance hardware and software is expected to be completed by February 2020.

About Coencorp: Founded in 1991, Coencorp is a leading manufacturer of automated fleet and fuel management solutions. They design, develop, manufacture, market, and support sophisticated hardware/software systems that deliver efficient management of fleets of 100 or more vehicles. Their mission is to contribute to their valued clients’ bottom line by reducing their highest operating expenses, namely labor cost, fuel consumption, and asset tracking & maintenance, through the intelligent use of Coencorp advanced automated hardware and software technologies. Today, Coencorp systems are used globally in over 1000 sites, managing over 500,000 vehicles in various public or private organizations, including but not limited to municipalities, public transits, national defense, oil & gas operators and companies, mining, construction, transportation, utilities, telecom, private fleets, and automobile dealerships.

Contact Info:

Name: Ali Tavassoli

Email: Send Email

Organization: Coencorp Consultant Corporation

Address: 3705 Place de Java Suite #190, Brossard, Quebec J4Y 0E4, Canada

Phone: +1-450-672-4222

Website: https://www.Coencorp.com

Source: PressCable

Release ID: 88989125

Coencorp Consultant Corporation expands its export and marketing activities

Government of Canada and Government of Quebec award a total of $1.7M in financial assistance to this innovative business on Montréal's South Shore

BROSSARD, QC, June 21, 2018 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)

The Government of Canada and the Government of Quebec have confirmed that a total of $1.7M in financial assistance has been awarded to Coencorp to support the company's expansion with the implementation of a marketing strategy for its automated solutions. This project will help create around 10 jobs in the short term and many more in the long term in this Brossard enterprise.

Coencorp's project consists in marketing its automated fleet and fuel management solutions in California, Colorado, Georgia, Illinois and Texas. More specifically, the business will be opening an office in Texas, hiring business development personnel, conducting promotional and representation activities, and acquiring the tools and resources needed for that purpose.

Canada Economic Development for Quebec Regions has granted the company a repayable contribution of $150,000 through the Quebec Economic Development Program (QEDP), while the ministère de l'Économie, de la Science et de l'Innovation has awarded it a non-repayable contribution of $50,000 through the Programme Exportation (PEX). In addition, Export Development Canada (EDC) and Investissement Québec (IQ) have each provided Coencorp with a $750,000 loan.

Alexandra Mendès, Member of Parliament for Brossard–Saint-Lambert, acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, and Gaétan Barrette, Member for La Pinière and Minister of Health and Social Services, acting on behalf of Dominique Anglade, Deputy Premier, Minister of Economy, Science and Innovation and Minister responsible for the Digital Strategy, made the announcement today.

Quotes
"For more than 25 years, we have seen Coencorp expand and showcase our electoral district beyond its borders. This is most certainly the result of the efforts and investments made in developing the best solutions for its clients, its ability to adapt and the calculated risks it has taken. I am very pleased about the Government of Canada's support for this innovative company's project, which is contributing to the region's growth."

Alexandra Mendès, Member of Parliament for Brossard–Saint-Lambert

"Through its expertise and outstanding capacity to innovate in automated technology design, Coencorp has what it takes to set itself apart from its international competitors. We are therefore very proud today to support this La Pinière company so that it can take advantage of business opportunities in the U.S. market."

Gaétan Barrette, Member for La Pinière and Minister of Health and Social Services

"By providing financial support for Coencorp's marketing and export activities, the Government of Canada is standing by its commitments and helping businesses expand, innovate and export their products so that they can create good-quality jobs for the middle class, thus ensuring the success of the Canadian economy."

The Honourable Navdeep Bains, Minister responsible for CED

"Business competitiveness and exports are essential to regional economic vitality. That is why we are pleased to support the export activities of Coencorp Consultant Corporation, a dynamic, innovative Montérégie enterprise."

Lucie Charlebois, Minister for Rehabilitation, Youth Protection, Public Health and Healthy Living and Minister responsible for the Montérégie region

"Exports provide Quebec businesses with almost limitless growth and outreach opportunities. The Government of Quebec is providing our entrepreneurs with effective tools, such as the Programme Exportation and the Stratégie québécoise de l'exportation 2016‑2020, to help them develop international markets."

Dominique Anglade, Deputy Premier, Minister of Economy, Science and Innovation and Minister responsible for the Digital Strategy

"EDC specializes in providing financing for Canadian companies like Coencorp that are looking to grow their local presence internationally, a business strategy which can help companies access new markets and find success. By investing in its Texas subsidiary, Coencorp will be able to grow and enhance its global competitiveness while creating valuable jobs in Brossard. EDC is happy to be partnering with other like-minded Canadian institutions in promoting this company's global expansion."

Benoit Daignault, President & CEO, Export Development Canada

"Our innovative manufacturers know that growth often means going global. One of Investissement Québec's strategic priorities is to support local businesses that dare to push the envelope. That is why we wanted to finance this forward-looking strategy by Coencorp Consultant Corporation, a bold and visionary company."

Pierre Gabriel Côté, Chief Executive Officer, Investissement Québec

"As in the past, we can rely on government assistance to carry out ambitious projects that have a positive impact on our company and on the City of Brossard and Montréal's South Shore. With the funding announced today, Coencorp will be able to promote our solutions and expertise in U.S. states, quickly increase its market share and continue to grow."

Ali Tavassoli, President, Coencorp Consultant Corporation

Quick facts

  • Founded in 1991, Coencorp is an innovative business that designs, develops and markets automated fleet and fuel management solutions. Following major investments in research and development over the past few years to improve its product, the SM2 Web application, Coencorp is ready to expand to new markets.
  • CED is one of the six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.
  • This year marks the 50th anniversary of federal regional economic development in Quebec: half a century of concrete action dedicated to the development of the regions and local businesses.
  • For more information on CED and its priorities, consult the 2018–19 Departmental Plan or visit www.dec-ced.gc.ca.
  • To learn more about how EDC can support direct investment abroad, please visit EDC's financing page.
  • The goals of the PEX (website in French only) include raising awareness among Quebec businesses of the growth potential associated with exports and subsequently helping them develop and diversify foreign markets.
  • In 2016, the Government of Quebec launched the Stratégie québécoise de l'exportation 2016-2020 (website in French only), with an envelope of $536.8 million. Its goal is to support 4,000 businesses in their export efforts.

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SOURCE Canada Economic Development for Quebec Regions