Inotech Canada receives more than $500K in funding for new CNC equipment
August 23, 2019 by Manufacturing AUTOMATION
August 23, 2019 – The federal government is investing more than $500,000 in a Normandin, Quebec welding and fabrication shop to install new CNC equipment and acquire specialized software.
Inotech Canada will receive a non-repayable $563,400 contribution to increase its productivity and strengthen its production capacity. In addition to the new equipment and software, Inotech will expand and refit its building, and revamp the company’s portal and website.
The funding was awarded under the Regional Economic Growth through Innovation (REGI) Steel and Aluminum Initiative, which provides targeted support for Canada’s small and medium-sized businesses (SMEs) in the steel and aluminum sectors.