Michelin Development approves loan for Grand River Brewing

    KITCHENER, ON, Jan. 14 /CNW/ - Grand River Brewing is the latest
recipient of a Michelin Development in the Greater Waterloo Region loan. This
loan, for $50,000.00, will create 19 new jobs and help Grand River Brewing
complete a corporate hospitality room that will be available to the public for
    "Grand River Brewing has a great plan for business and community growth
that fits well with our goal of creating jobs in the region," said John Tully,
director, Michelin Development (Canada) Inc. in the Greater Waterloo Region.
"We look forward to helping this entrepreneurial company achieve their goals
while enhancing their local community."
    Grand River Brewing of Cambridge is one of the region's premier
manufacturers of fresh crafted ales and lagers of distinctive quality,
character and flavour.
    "Michelin Development in the Greater Waterloo Region is a great partner
to work with because they understand our goals and what we want to achieve,"
said Bob Hanenberg, owner, Grand River Brewing. "In addition to providing us
with a loan, they are also helping us enhance this community."
    Michelin Development focuses on new job creation by offering low-interest
loans to qualified start-up, small- and medium-sized businesses. In addition
to this financial support, Michelin Development supports the development of
new and existing businesses by providing access to Michelin's considerable
in-house business expertise.
    Information and applications for interested entrepreneurs are available
at www.michelindevelopment.ca.

    Dedicated to the improvement of sustainable mobility, Michelin designs,
manufactures and sells tires for every type of vehicle, including airplanes,
automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks,
motorcycles and the space shuttle. The company also publishes travel guides,
hotel and restaurant guides, maps and road atlases. Headquartered in Laval,
Quebec, Michelin North America (Canada) Inc. (www.michelin.ca) employs
approximately 3,700 employees and operates three plants.

For further information:

For further information: visit www.michelinmedia.com or contact Karen
Gordon, cell: (416) 997-9478

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