More than $1,7 million dollar to five highly innovative Quebec companies

February 28, 2017 – Québec City (Quebec) – Canada Economic Development for the Quebec Regions (CED) 

Up to 38 new jobs in innovative businesses will be created as the result of a $1.7 million dollar federal investment which will prepare Quebecers working in the manufacturing sector for the jobs of the future. 

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for  (CED), welcomed this investment during his visit in the province. 

This investment will allow the following five companies, all in the manufacturing sector, to develop the technologies and skills for the workers to bring to market more quickly their next generation products. Canada Economic Development for Quebec Regions

• Eddyfi NDT Inc. designs, manufactures and markets inspection instruments, scanners, probes and software for non-destructive testing. The funding of $700,000 will allow the company to acquire production tooling and 5-axis machining centers to integrate its activities with those of recently acquired businesses; launch its new products on the market; and develop new international markets.

• Optel Vision Inc. manufactures and markets inspection and serialization systems for the packaging and packing lines of businesses in the pharmaceutical, nutraceutical and cosmetic industries, including Lilly, Pfizer, Bayer and GE Healthcare. The funding of $500,000 aimed at supporting Optel Vision’s growth by acquiring equipment intended to improve its productivity and by developing the Brazilian market.

• IngeniArts Technologies Inc. is a small clean-tech start-up specializing in energy storage for electric vehicles. The funding of $250,000 helped the business manufacture demonstration units and promote its electromechanical battery for lift trucks.

• Laserax Inc. specializes in the development of systems using laser technology in industrial applications that improve the productivity of manufacturing businesses. The funding of $150,000 will help the business enhance the international marketing of its products.

• Dizal Inc. specializes in the design, production and marketing of premium exterior aluminum siding for the residential, commercial, industrial and institutional sectors. Its exclusive process incorporates a new high-speed digital printing technology that reproduces textures such as wood, brick and marble. The funding of $125,000 will allow the business to implement a marketing plan in Canada and the United States.

The Government of Canada's Innovation Agenda aims to make this country a global centre for innovation—one that drives economic growth and leads to better skills, jobs and opportunities for all Canadians. Key programs that support innovation and the diversification of the Quebec economy include the Quebec Economic Development Program.