Minister Blackburn supports innovative aluminium cutting technology in La Baie

News Release

Saguenay,
Quebec , March
10, 2006 -
The Honourable Jean-Pierre Blackburn,
Minister of Labour and Minister of Canada Economic Development, today announced
a repayable contribution of $800,000 to
Precision Cast Plate (PCP)

Canada. This
support to establish a secondary processing plant in the region demonstrates and
confirms the
Saguenay - Lac-Saint-Jean as a
leader in secondary and tertiary aluminium processing.
The implementation of this new aluminium cutting plant in La Baie will not
only be instrumental in supporting the development of an innovative processing
technology, it will also foster any other industrial activities related to the
production of aluminium. "It is essential to develop a region's strong sectors.
Aluminium, it is well known, is a flagship industry of the

Saguenay -Lac-Saint-Jean and it is important that
Canada Economic Development promote the emergence of projects aimed at enhancing
aluminium," stated the Minister.
"This new contribution, under the Regional Strategic Initiatives (RSI)
program, reaffirms the Agency's support for the aluminium sector and the
development of new applications that will ensure the future of the industry and
therefore the future of the region," added Mr. Blackburn.
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.
- 30 -
Source:
Suzanne
ThébargeCommunicationsCanada
Economic DevelopmentTel.: 514 283-8012E-mail:
suzanne.thebarge@dec-ced.gc.ca
Canada Economic Development is on line at www.dec-ced.gc.ca. Subscribe to the Agency's press releases at www.dec-ced.gc.ca/asp/SitePersonnalise/acces_personnalise.asp?LANG=EN to keep up with the latest news.

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Minister Blackburn supports innovative aluminium cutting technology in La Baie

News Release

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