Government of Canada contributes $3 million to O-I Canada Corp. to upgrade its glass manufacturing plant in Pointe Saint-Charles

News Release

Montreal, Quebec, May 6, 2005 - Speaking on behalf of the Honourable Jacques Saada, Minister of Canada Economic Development and Minister responsible for the Francophonie, the Honourable Liza Frulla, Minister of Canadian Heritage and Minister responsible for Status of Women as well as Member of Parliament for Jeanne-Le Ber riding, today announced a repayable contribution of $3 million to O-I Canada Corp. for the modernization and automation of its glass manufacturing plant in Pointe Saint-Charles. "As Member of Parliament for the riding of Jeanne-Le Ber, I am delighted with this investment in O-I Canada Corp., one of Southwestern Montreal's largest employers and the only glass manufacturing plant in Quebec. This financial support will consolidate close to 400 specialized jobs and ensure that the plant continues its operations for at least five years, which is excellent news," stated Minister Liza Frulla. The financial involvement of the two levels of government acts as a lever for the Ohio-based parent company to invest up to $30 million in the Pointe Saint-Charles modernization project. "Canada Economic Development's investment is in keeping with the will to support the most vulnerable communities by building on regional assets, which is precisely what O-I Canada Corp. represents for a community like Pointe Saint-Charles," pointed out Minister Jacques Saada. Canada Economic Development's mandate is to promote the economic development of the regions of Quebec. Primarily through financial assistance programs, the Agency elicits and supports the implementation of economic development projects. The two priorities the Agency has set itself are to foster innovation and the knowledge economy in each region of Quebec, and to help communities that are having difficulty adjusting to the new economy. In this way, the Agency contributes to the attainment of the Government of Canada's objective of building the 21st Century economy. -30- Sources: Hélène St-Pierre Communications Canada Economic Development Tel : (514) 283-2583 E-mail: helene.st-pierre@dec-ced.gc.ca Daniel Dezainde Press Secretary Canada Economic Development Office of the Honourable Jacques Saada Tel: (514) 496-1282 Jean-Philippe Côté Director of Communications Office of the Honourable Liza Frulla Canadian Heritage Tel: (819) 997-7788

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2016-12-15

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Government of Canada contributes $3 million to O-I Canada Corp. to upgrade its glass manufacturing plant in Pointe Saint-Charles

News Release

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