Two Quebec manufacturers receive $1.5M in federal funding
July 30, 2017 by Manufacturing AUTOMATION
Jul. 30, 2017 – A $1,455,000 investment from the federal government will maintain 225 jobs and create 40 new ones for two manufacturers in Quebec’s Lanaudière-region.
A $1,260,000 contribution will allow plastics manufacturer Plastiques GPR Inc. to purchase two injection molding machines.
“Our business is growing and the volume of demand from our main clients has been rising steadily. To meet this demand and position ourselves within our market, we are investing in our equipment fleet in order to increase our production capacity and remain on the leading edge of technology. Hence the importance of this project and our investment therein,” said Dany Belleville, vice president of Plastiques GPR.
Meanwhile, $195,000 in funding will help stainless steel products manufacturer Syri Ltd. acquire a laser cutting table, a bending machine, and ERP software to improve its productivity, reduce costs and ensure greater flexibility in its production process.
“Our government is committed to driving innovation to ensure jobs and prosperity for Canadians. This is reflected in the projects announced today,” said David Lametti, parliamentary secretary to the minister of Innovation, Science and Economic Development.
This funding, in the form of repayable contributions, is provided under CED’s Quebec Economic Development Program within the broader framework of the Government of Canada’s Innovation and Skills Plan.