Federal development dollars support three Montréal SMEs
- September 8, 2019
The Government of Canada is providing three Greater Montréal companies with a total of more than $1.9 million to acquire machinery and improve productivity.
The funding is being supplied through Canada Economic Development (CED) for Quebec Regions to Comptoir Agricole Ste‑Anne (CASA), Groupe Somac and Mécadémic. A laser cutting machine (CASA) and a five axis machining centre (Groupe Somac) are among the companies’ planned purchases.
In addition to purchasing the laser cutting machine, Repentigny-based agricultural equipment builder CASA plans to use the funding to acquire a device for optimizing the management of raw material and product flows as well as other production equipment, and to automate its production lines to boost growth.
Groupe Somac, a Mirabel company that specializes in the production of aluminum shelters, will upgrade its products in addition to buying the new five-axis machining centre. The CED infusion will enable the company to streamline shelter installation and make its shelters accessible to a broader clientele.
Montréal-based Mécadémic, which designs, manufactures and markets compact, high-precision industrial robotic arms, will set up an electronic board assembly line, automate its assembly process using, among other things, its own robots, and carry out marketing. The CED support will also enable it to make further equipment acquisitions, among other activities.
Ottawa says the CED funding will contribute to the creation of more than 30 full-time jobs.