Canada's New Government Grants $59,995 in Funding to Fabnor Inc. to Support Innovation

News Release

Sept-Îles, Quebec, March 30, 2007 The Honourable
Jean-Pierre Blackburn, Minister of Labour and Minister of
Canada Economic Development, today announced the awarding of $59,995
in repayable funding to Fabnor Inc. for the conducting of a technical and
financial feasibility study on the potential of using aluminium instead of steel
in the manufacture of iron ore freight wagons.
In addition to determining the technical feasibility of using aluminium as a
manufacturing material, the project is also aimed at identifying and controlling
all of the parameters associated with the application and assessment of the
required manufacturing methods and processes. A book of specifications will also
be prepared to serve in the detailed design of a prototype and the assessment of
its manufacturing costs.
"With this project, Fabnor, which has been specializing in the processing of
ferrous metals and the manufacture of fabricated parts for the heavy industry
for 10 years, is showing that it is looking resolutely to the future. Its
spirit of innovativeness and dynamism will ensure it takes its rightful place in
the aluminium processing sector, one Canada Economic Development's
priorities. The enterprise's initiative is fully in line with the determination
of Canada's new government to support the development of an aluminium processing
hub in the Côte-Nord region and promote the foreign marketing potential of
innovative products," stated Minister Blackburn.
"We are pleased to put our creativity and know-how to work on an
added-value product development project that is sure to help diversify Fabnor's
operations as well as the economic base of the Côte-Nord region," added the
General Director of Fabnor, Yves-Marie Côté.
-30-
Sources:
Guylaine BeaudoinCommunicationsCanada Economic DevelopmentTel.:
514-283-0368Cell.: 418-580-8215E-mail: guylaine.beaudoin@dec-ced.gc.ca
Roxane MarchandPress SecretaryOffice of the Honourable Jean-Pierre
BlackburnCanada Economic Development Tel.: 819-953-5646Cell.:
613-816-5094E-mail: roxane.marchand@hrsdc-rhdcc.gc.ca

Search for related information by keyword

Canada Economic Development for Quebec Regions Economics and Industry

Page details

2016-12-15

We have archived this page and will not be updating it.

We have archived this page and will not be updating it.

Canada's New Government Grants $59,995 in Funding to Fabnor Inc. to Support Innovation

News Release

Page details