courtesy Les Produits métalliques A.TClick image to enlarge

The governments of Canada and Quebec along with Investissement Québec are contributing a total of $2,537,500 in loans to snow removal equipment manufacturer Les Produits métalliques A.T.

The government loans will support A.T.’s  implementation of a project valued at nearly $5.6 million. The purpose of the project is to construct a building, acquire automated equipment, and adopt a more ecologically friendly powder painting process to finish snow‑removal equipment manufactured by the business. The objective is to enhance the productivity of the manufacturing business based in Matane, in the Bas‑Saint‑Laurent region.

The Government of Canada is granting a repayable contribution of $775,000 under CED's Regional Economic Growth through Innovation (REGI) program. Quebec's financial contribution involves a loan of $1,762,500 from Investissement Québec's capital funds under the Productivité innovation initiative, directly in line with the Crown corporation's willingness to support sustainable economic development.

"SMEs are an integral part of our plan for a green, sustainable economic recovery. CED has been supporting Matane-based AT for many years now in its efforts to grow and become more innovative and competitive, but also to adopt more ecologically friendly processes. The SME is a major contributor to Matane's economic vitality, and the success of its project will be felt right across the region,” said Diane Lebouthillier, Minister of National Revenue

CED's contribution is part of a series of funding announcements that will take place in the coming weeks totalling nearly $40 million to implement over 20 projects by innovative businesses and organizations that will contribute to the economy of tomorrow. CED is the key federal actor in Quebec to promote the economic development of regions and SMEs.

The REGI program targets entrepreneurs leveraging innovation to grow their businesses and enhance their competitiveness, as well as regional economic stakeholders helping to create an entrepreneurial environment conducive to innovation and growth for all, across all regions.

Investissement Québec's Productivité innovation initiative aims to propel Quebec businesses forward in being competitive and accelerate their growth through productivity and innovation.

 

CWB launches welding program for women

The CWB Welding Foundation has launched a welding program for women with support from the Government of Canada's Skilled Trades Awareness and Readiness Program.

Metal forming and fabricating in Italy


Salvagnini opens its Sarego, Italy doors to Canadian manufacturers

Several Canadian manufacturers recently had an opportunity to tour the facility of Italian metal fabricating equipment manufacturer Salvagnini during their visit to BI-MU, the country's largest trade show for machine tools.

Chris Claringbold joins Universal Robots in Canada

Universal Robots - North America has announced the appointment of Chris Claringbold as area sales manager - Canada.

Manufacturing group forms Jim Flaherty bursary

Canadian Manufacturers and Exporters (CME) has unveiled the Jim Flaherty bursary for students enrolled in manufacturing programs at the University of Ontario Institute of Technology (UOIT)

Machine accessories distributor takes on Italian product line

P.O.M. Solutions, a new distribution company of machine tool accessories based in Burlington, ON, has taken on a new Italian tooling line, FPT Fast Mill modular clamping systems.

BC to see fastest growth, Quebec to follow: report

In yet another report about economic growth for Canada's provinces, BC is expected to post more than 3 per cent growth in the next two years followed by more modest growth by Quebec of 2.1 per cent in 2016 and 3 per cent in 2017, according to the latest figures in the Conference Board of Canada's latest Provincial Outlook.

CME’s election ‘Asks’: lower cost of doing business, increase exports

Canadian Manufacturers & Exporters has released its 2021 electoral platform, detailing what it believes Canada’s manufacturing sector needs from the nation’s political leaders.

Could there be another large-scale electric vehicle battery plant coming to Ontario?

The answer is yes and it could be located in the London region, according to a report in the London Free Press.

Steve Prahalis new head for SME in Canada

Steve Prahalis has been named the director of Canadian operations for SME.

Stellantis-LG Energy Solution Battery joint venture officially named

The official name for the Stellantis and LG Energy Solution battery joint-venture company has been announced and its CEO appointed.

Manufacturing output up sharply in August

The IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI) for August shows the strongest uptick in Canadian manufacturing output since December 2010.

Big expansion for Koike Aronson

Koike Aronson Inc./Ransome has expanded its main facility in Arcade, NY, with a 30,000 sq ft expansion.

Machine tool suppliers hold 14th Joint Open House 2019

Hundreds of manufacturers attended the 14th annual machine tool distributors' Joint Open House in southwestern Ontario in April.

Robotic cell, probe measurement solve gear machining problems

Renishaw has released a case study of how it helped two large global companies solve problems associated with finishing and deburring precision gears.

Ottawa invests in BC steel and aluminum companies

The federal government has announced an investment of more than $4.9 million to help ten BC steel and aluminum companies diversify products, improve productivity and reduce costs.

Stay In Touch

twitter facebook linkedIn