Technologies Element PSW inc. is a division recently created by the Group Element. By uniting their strengths, the companies of the Group Element became first-line players in the region and in the province. Besides being a leader of the forest sector, the Group Element is specialized in the sale, the repair and now in the manufacturing of superior-quality heavy equipment. Today, the five companies of the Group Element include:

- Les Abatteurs Jacques Élément
- Foresco
- Hydraulique Val-d'Or
- Equipements Element
- Technologies Element PSW

            In 2011, Technologies Element PSW inc., directed by Patrick Élément, bought from Volvo their division of feller-bunchers and started manufacturing forestry machinery. Previously, the feller-bunchers were all produced in Korea, but now, three models of the feller-bunchers under the brand name ELTEC will be made in Val-d'Or. A first for the region of Abitibi-Témiscamingue.  It is in two buildings of more than 21 000 square feet as well as a research team and development in Quebec City that the whole production of the ELTEC will take place. The objective of Technologies Element PSW inc. is to supply more than forty ELTEC feller-bunchers / harvester carriers in one year under a very precise line of assembly. With more than twenty five employees on staff, several other employments will be created in the next years to come.The ELTEC series, designed for their performance and built to last, are going to make of Technologies Element PSW inc. a legend in the forestry market.