$6.65 million invested by the Montérégie FRS in 2016-2017
- The Fonds régionaux de solidarité FTQ invested $6.65 million in six Montérégie companies in fiscal 2016-2017:
- M Beaudry Électrique;
- TKNL Inc.;
- Secco International; and
- Accès Location.
- COOKINA was granted a $500,000 loan to support its growth.
- COOKINA has developed a line of non-stick, reusable products for BBQ, oven and microwave cooking.
- COOKINA's products are safe and healthy (no oil or butter needed) and help preserve flavour, unlike aluminium foil and parchment paper.
LONGUEUIL, QC, Nov. 6, 2017 /CNW Telbec/ - The Fonds régionaux de solidarité FTQ (FRS) have had a very active year in Montérégie, investing $6.65 million in the region. COOKINA, a family owned business in Brossard, was namely granted a $500,000 loan to support its growth.
Owned by Alain and Chantal Richard, COOKINA is driven by innovation in everything it does, including the product design and manufacturing, which take place right here in Québec. The company repurposes a proven but traditionally used otherwise technology with a view to developing innovative, useful, safe products that reduce our environmental footprint. COOKINA's innovative approach can also be seen in its product packaging and promotional activities.
COOKINA's top sellers are COOKINA Parchminum, a reusable cooking and baking sheet for ovens and microwaves, COOKINA Barbecue, a reusable grilling sheet, the COOKINA Cuisine baking sheet (an alternative to parchment paper), and COOKINA GARD, a reusable oven protector to keep the bottom of ovens clean. Lastly, COOKINA is innovating once again this year with COOKINA PAKS, reusable bags for the BBQ, oven and microwave designed to replace the parchment or foil used in "en papillote" cooking.
"La Montérégie is a genuine incubator for successful companies like COOKINA. Thanks to its innovative projects and environmentally friendly products, COOKINA has carved a place of choice in Québec, Canadian and U.S. kitchens. By supporting the growth of visionary companies like COOKINA and by working closely with regional business partners, the Fonds régionaux de solidarité FTQ continue to promote Montérégie's economic development."
Johanne Pilon, Regional Director, Fonds régionaux de solidarité FTQ Montérégie
"We're proud to partner with the Fonds régionaux de solidarité FTQ Montérégie. Their support has provided the financial help we need to get ahead and speaks to their confidence in our vision, development and products. Thanks to their support and our constant strive for innovation, we're sure we can consolidate our position in our market."
Alain Richard, President, COOKINA
About the Fonds régionaux de solidarité FTQ
The Fonds régionaux de solidarité FTQ have been helping to further regional economic development in Québec for over 20 years. An integral part of the Fonds de solidarité FTQ network, the Fonds régionaux have invested $697 million in 1,095 projects since 1996, helping to create, maintain or protect close to 39,400 jobs. www.fondsreg.com
COOKINA® is a Québec-based family owned business that has been making and distributing reusable BBQ and cooking products since 2012. COOKINA is changing the way we grill, cook, protect and present food at home. An excellent alternative to aluminium foil, parchment and wax paper, COOKINA products come with a scouring pad for easy cleaning, a security seal and a trademarked ring for easy storage. COOKINA is available in more than 20,000 stores in nine countries and online at COOKINA.co.
SOURCE Fonds de solidarité FTQ
For further information: For media representatives only: Patrick McQuilken, Senior Advisor, Media Relations and Communications, Fonds de solidarité FTQ, Phone: 514 850-4835, Mobile: 514 703-5587, Email: firstname.lastname@example.org
The Fonds de solidarité FTQ is a development capital investment fund that channels the savings of Quebecers into investments. As at May 31, 2017, the organization had $13.1 billion in net assets, and through its current portfolio of investments has helped create and protect 186,440 jobs. The Fonds is a partner in more than 2,700 companies and has 645,664 shareholder-savers.