Drummondville, Quebec, November 9, 2011 – The Honourable Andrée Champagne, Senator, today announced, on behalf of the Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities and Minister of the Economic Development Agency of Canada for the Regions of Quebec, that Soucy Rivalair Inc. has been awarded financial assistance to implement measures to strengthen its competitiveness.
“Our government is proud to contribute to job creation and the economic growth of the region,” said the Honourable Andrée Champagne. “The Soucy Group plays an important role in the long-term economic development of the Centre-du-Québec.”
Soucy Rivalair Inc., part of the Soucy Group’s manufacturing division, specializes in the design and manufacture of products and parts for recreational, industrial farming and military vehicles. The project supported by the government will help the company diversify its activities and increase its market appeal. In concrete terms, Soucy Rivalair Inc. will modify its production line to integrate a complex operation for the fabrication of large scale metal parts. This new technology will help the firm better serve its clients.
For information:
The $800,000 in repayable financial assistance announced today has been awarded under Canada Economic Development’s Business and Regional Growth program, which is designed to reinforce the conditions conductive to the sustainable development of Quebec’s regions and SMEs. More specifically, Soucy Rivalair Inc. will use this funding to acquire two high-tech machining centres.
For more details, please consult the backgrounder associated with this news release:
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Sources :
Pierre Floréa
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development
Tel.: 514-496-1282
E-mail: pierre.florea@tc.gc.ca
