The funds have been granted under CED's Regional Economic Growth through Innovation program. The Honourable Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister responsible for CED By helping these manufacturing businesses develop and increase their capacity, we are contributing to regional growth and boosting Quebec's economic recovery." That is why I am delighted with the announcement of CED's support for the projects by Les Industries Harnois and Industries Mailhot. They enable the creation of positive economic spin-offs for the local population, while also vitalizing communities. "SMEs are at the core of economic development in Quebec and its regions. By supporting Les Industries Harnois and Industries Mailhot in their activities and by stimulating their productivity, we are ensuring Quebec's manufacturing industry plays a major role in Canada's economic growth."Īnnie Koutrakis, Member of Parliament for Vimy and Parliamentary Secretary to the Minister of Tourism and Minister responsible for CED "Today's announcement is proof once again of our government's commitment to manufacturing businesses. Quebec's economic vitality relies, among other things, on a manufacturing sector with organizations rooted in the regional economy. The players in this industry are major contributors to growth, as well as key assets in rebuilding a stronger, more resilient, greener, and more just economy for all. The Government of Canada recognizes and supports businesses and organizations that are a source of pride in their communities. With its implementation, the business's productivity and production capacity are expected to increase by nearly 70% in its plant in Canada, and its manufacturing costs are expected to drop. This project represents a substantial investment of $20M, to which CED is contributing $2.5M in financial support. To achieve this, an initiative is under way to modernize its manufacturing systems according to advanced standards by acquiring an automated cell with a grinder (machining and sanding combined) and a state-of-the-art laser welding robot. The aim of its Industry 4.0 automation project is to increase production capacity at its Canadian plant, achieve cost savings, and enhance productivity to remain competitive and benefit from better production technologies. Specializing in the design, manufacture, and sale of cutting-edge nitrided hydraulic cylinders, Industries Mailhot is an innovative manufacturing business seeking to accelerate its growth. This contribution will also support the launch of the new Vermax line of glass greenhouses. The $1.5M contribution from CED focuses on the acquisition and installation of digital production equipment, including a laser tube cutter, a robotic welding line, a digital crimper, and other related equipment. To take full advantage of market opportunities in Canada and the U.S., the business must relocate some of its manufacturing activities to a new plant, a project that represents a total investment of more than $6.7M. The manufacturer specializes in designing, manufacturing, and installing MegaDome TM metal greenhouse and building structures for the agricultural, industrial, and municipal sectors. Recognized internationally as an innovative leader, Les Industries Harnois has been active in the metal processing sector since 1965. This CED support will enable the businesses to continue to grow, among other things by improving their productivity. That is why Annie Koutrakis, Member of Parliament for Vimy and Parliamentary Secretary to the Minister of Tourism and Minister responsible for CED, today announced a total of $4M in repayable contributions for Les Industries Harnois and Industries Mailhot. Supporting business growth contributes to economic development in Quebec's regions. 14, 2023 /CNW/ - Canada Economic Development for Quebec Regions (CED) The two Lanaudière businesses receive a total of $4M in financial assistance from CED.īERTHIERVILLE, QC, Nov.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |