Quebec Businesses Set to Improve Productivity
MRO MagazineIndustry Manufacturing Manufacturing canada digital equipment government investment point of service quebec repayable contributions
Métal Marquis Inc. and Usinage Filiatrault Inc. with receive a total of $987,304 in repayable contributions from Canada Economic Development for Quebec Regions.
With $550,000 in financial assistance, Métal Marquis will now be able to purchase digital equipment and complete the necessary fit-up work to get it up and running. This project allows the business to improve its productivity through optimization of its operations to manufacture parts intended mainly for the mining industry.
“By supporting Métal Marquis and Usinage Filiatrault, the Government of Canada is helping these businesses acquire the equipment they need to develop innovative technologies and processes that will benefit Canadian businesses in the mining sector,” said Stéphane Lauzon, Member of Parliament for Argenteuil—La Petite-Nation, Parliamentary Secretary to the Minister of Veterans Affairs and Associate Minister of National Defence. “These businesses will thus be able to build on innovation—a significant economic driver and a pillar of growth that benefits communities.”
Usinage Filiatrault will get $437,304 contribution to purchase digital equipment and set up a point of service in Malartic. This project will ensure business growth by increasing its production capacity, and its exports and innovation capacity.
“Our government is laying the foundation for Canadian businesses to become more competitive and succeed in the global economy,” said The Honourable Navdeep Bains, Minister responsible for CED. Today’s investment in Métal Marquis and Usinage Filiatrault is in line with Canada’s competitive advantages by improving the businesses’ productivity to boost economic growth and create good, middle-class jobs for Canadians.”
The projects will generate total investments of nearly $4M and create 18 jobs in Abitibi-Témiscamingue.