Quebec-based TEKNA receives funds to scale up operations

Jul. 13, 2018 – The federal government will invest up to $21.1 million in Quebec-based advanced manufacturing company TEKNA Plasma Systems Inc. In addition to a $9.4-million investment from the Government of Quebec, the $128.4-million project will help TEKNA produce metallic powders for use in additive manufacturing and electronic products.

Additive manufacturing, also known as 3D printing, allows for the design of complex metal parts that are lighter and more efficient and environmentally friendly than conventionally manufactured parts, described TEKNA.

TEKNA’s project will help the company increase its total manufacturing production capacity and footprint in Sherbrooke. It will also increase R&D, stimulate collaboration with Canadian post-secondary institutions, and help strengthen the Montréal–Sherbrooke advanced manufacturing cluster and supply chain. Roughly 170 jobs will be created in Sherbrooke as a result of the investment.