Soucy Baron receives $300,000 in funding from the Government of Canada for equipment acquisition



    SAINT-JEROME, QC, Feb. 18 /CNW Telbec/ - On the occasion of his first
official visit to the Laurentides region as Minister of State for Canada
Economic Development, the Honourable Denis Lebel today announced the awarding
of $300,000 in repayable funding to the firm Soucy Baron for the acquisition
of three injection presses that will enable the enterprise to improve its
productivity and generate savings.
    Soucy Baron has been specializing in the design and manufacture of
moulded rubber parts for the past 40 years. Owned by the Soucy Group, which
operates six other manufacturing plants in Sweden, China and other parts of
Quebec, this Laurentides-based company posted record sales in 2008.
    Soucy Baron's 168 employees offer leading-edge expertise tailored to the
needs of manufacturers of recreational vehicles (snowmobiles, personal
watercraft, motorcycles, all-terrain vehicles), and industrial and military
products (gas masks). Other products such as hockey pucks for the National
Hockey League (NHL) are also designed at the Saint-Jérôme plant.
    "The transformation of materials like rubber is one of the priority
sectors identified by Canada Economic Development's Laval, Laurentides and
Lanaudière business office. As clearly stated in our latest budget, our
government is firmly committed to supporting promising projects that seek to
improve the productivity of companies like Soucy Baron, a commitment that is
all the more important in this time of economic turbulence," explained the
Minister of State.
    The acquisition of the three injection presses is part of Soucy Baron's
plan to modernize its facilities and strengthen its reputation in the moulded
rubber parts manufacturing sector.
    This contribution has been awarded under the Productivity Support
component of Canada Economic Development's Business and Regional Growth
program, an initiative through which the Agency is able to support small and
medium-sized enterprises in their efforts to innovate, adopt leading-edge
technologies and develop new markets.




For further information:

For further information: Nathalie Lévesque, Communications, Canada
Economic Development, (514) 283-0306, Cell.: (514) 966-0661,
nathalie.levesque@dec-ced.gc.ca; Eric Lefebvre, Senior Assistant,
Communications, Office of the Honourable Denis Lebel, Canada Economic
Development, Cell.: (613) 608-7906, eric.lefebvre@dec-ced.gc.ca; Canada
Economic Development is online at www.dec-ced.gc.ca. Subscribe to the Agency's
press releases at
http://www.dec-ced.gc.ca/eng/media-room/mailing-list/list.html to keep up with
the latest news.


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