MONTREAL, Jan. 10, 2011 /CNW Telbec/ - Ms. Nathalie Normandeau, Deputy
Premier, Minister responsible for the Gaspésie-Îles-de-la-Madeleine
region, Member for Bonaventure and Minister of Natural Resources and
Wildlife, is proud to announce SGF's $5M preferred share investment in
Fabrication Delta inc., a growing company based in the Gaspé region.
Considering the region's economic context, supporting a company's growth
has a significant impact on the local community. This investment will
enable Fabrication Delta to acquire new equipment that is better suited
to its needs, thereby expanding its operations. As such, SGF is
contributing to the economic development of the beautiful Gaspé region
and helping create nearly 20 direct jobs.
Fabrication Delta is a manufacturing company operating in the wind
energy, sawmill, paper, mining and steel structure construction
sectors. Deeply rooted in the Gaspé region, the company has succeeded,
throughout the years, in securing its development through its
involvement at all levels of production, thereby ensuring the delivery
of the finished product's project management, design and installation
phases. The company currently boasts 40 employees and its head office
is located in Saint-Siméon.
Société générale de financement du Québec (sgfqc.com), an industrial and
financial holding company, has a mission to carry out economic
development projects, particularly in the industrial sector, in
cooperation with partners and in compliance with accepted profitability
requirements and with the economic development policy of the Québec
government. As part of its new mandate, SGF is authorized by the Québec
government to go beyond its traditional role as an equity investor by
offering complementary solutions, such as loans, debentures or
preferred share investments.
SOURCE Société générale de financement du Québec
For further information:
Senior Advisor, Communications, SGF