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REEL FX Creative Studios: More animated content created at home thanks to our Montréal talent

| Canada Economic Development for Quebec Regions | news releases

Montréal, Quebec – Government of Canada financial support to enable business to increase production capacity, enhance competitiveness and support over 400 jobs in Montréal. Established in 2017, Montréal SME REEL FX Creative Studios Inc. is an animation studio whose Texas-based parent company has an ambition to become a leader in cinema and virtual reality animation. Working in a wide range of creative styles, the collaborative, innovative team of Montréal artists and technicians does work for the large screen and theme parks for studios such as Universal, Paramount, 20th Century, Sony and Warner Bros. Its three main areas of activity are digital animation services, film production, and commercial virtual- and augmented-reality applications.

Government of Canada investments to foster growth of two family-run manufacturing businesses

| Canada Economic Development for Quebec Regions | news releases

Acton Vale, Quebec – Two regional manufacturing businesses in the metal products industry—ABM Précision and Métallitech—will acquire specialized production equipment thanks to Government of Canada investments. The funds being injected, aimed at better meeting the evolving needs of their respective clienteles, will enable them to enhance their productivity and optimize their production capacity.

GA International, a world leader in exceptional labeling, enters new development phase

| Canada Economic Development for Quebec Regions | news releases

Laval, Quebec – Laval business GA International—a world leader in cryogenic labels resistant to extreme temperatures and powerful solvents—will enhance its productivity thanks to financial support from the Government of Canada. The innovative life sciences business is receiving a repayable financial contribution of $162,000 from CED to adopt an Enterprise Resource Planning (ERP) system.

Adaptiv Networks wants to break into new markets to accelerate growth

| Canada Economic Development for Quebec Regions | news releases

Gatineau, Quebec – Adaptiv Networks specializes in the development and marketing of next-generation business connectivity solutions. It provides simple, economical and effective solutions for cloud connectivity to eliminate the pitfalls businesses experience in their digital transformation. The SME wants to accelerate its growth and enhance its performance and sales in North America. To achieve this, Adaptiv Networks has received a repayable contribution of $400,000 from CED to develop its specialized software (SD-WAN) and conduct commercialization and marketing activities.

New player GenHydrau enters Quebec hydraulic sector

| Canada Economic Development for Quebec Regions | news releases

Sainte-Anne-des-Monts – The start-up, established in Sainte-Anne-des-Monts, specializes in the design and manufacture of hydraulic systems. In support of its launch, GenHydrau will be able to count on a repayable contribution of $105,000 from CED to hone its business and acquire various pieces of production equipment, including a computer numerical control (CNC) machining centre. This purchase will enable it to manufacture hydraulic manifolds in large quantities, with a short turnaround and at very competitive prices.

Suite 125 breaking into U.S. market with innovative technology

| Canada Economic Development for Quebec Regions | news releases

Québec, Quebec – Information technology start-up Suite 125 has developed a novel IT solution that automates measurement-taking for clothing design. The Québec SME wants to break into the U.S. market by marketing its MTM.DESIGN platform in the U.S. thanks to a recent Government of Canada investment

Business community mobilizes to kick-start La Matanie economy

| Canada Economic Development for Quebec Regions | news releases

Matane, Quebec – The Fonds d’innovation et de développement économique local de La Matanie (FIDEL) organization is fully engaged in its community. With over 135 members, the young organization has already achieved concrete results since it was created, supporting start-ups and accelerating investment and mobilization projects. To pursue its mission and implement structural initiatives for La Matanie, FIDEL will receive a non repayable contribution of $255,000 from CED over the next three years.

K-Trail, proudly leading the way in its field

| Canada Economic Development for Quebec Regions | news releases

Montmagny’s K-Trail Inc. will be able to increase its production capacity by acquiring a robotic welding cell, thanks to an investment by the Government of Canada. This equipment will make the business one of the top trail manufacturers in Eastern Canada in welding complete and assembled dumper bodies.

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