Government of Canada invests in a business in the Domaine-du-Roy RCM
SAINT-FÉLICIEN, QC, July 4, 2017 /CNW/ - [Canada Economic Development for Quebec Regions (CED)] Businesses need to be able to rely on adequate resources to create and commercialize innovative products. The Government of Canada is committed to supporting innovative Canadian enterprises. As a true economic driver, innovation is the key to success because it generates growth that benefits enterprises and communities.
Acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, Denis Lemieux, Member of Parliament for Chicoutimi–Le Fjord, announced that Usinage Numérique Plus (website in French only) has been granted $305,075 in financial assistance, in the form of a repayable contribution, to improve productivity and expand.
Founded in 1979, Usinage Numérique Plus provides rapid machining services and manufactures and repairs all types of hydraulic cylinders; its products are of the highest quality. Its clientele consists mainly of original equipment manufacturers for aluminum smelters, forest equipment manufacturers, high-end hydraulic cylinder manufacturers and equipment manufacturers for wood processing plants.
The funding awarded through CED's Quebec Economic Development Program (QEDP) has helped Usinage Numérique Plus acquire a 5-axis vertical machining centre, including the specialized equipment and software needed for its operation, and to fit up the building so the centre can be installed.
CED is one of six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.
"The machining market is considerable, and manufacturers have to adapt to meet new market demands. We salute the success of Usinage Numérique Plus. Its attention to detail and ability to adapt have enabled it to offer high-quality jobs in the Domaine-du-Roy RCM."
Denis Lemieux, Member of Parliament for Chicoutimi–Le Fjord
"With this support for Usinage Numérique Plus, the Government of Canada is showing once again that it is committed to the economic development of Quebec regions. We are determined to support entrepreneurs and encourage them to invest to ensure their growth and that of the Canadian economy."
The honourable Navdeep Bains, Minister responsible for CED
"CED's funding is helping us meet rising demand from our clients for increasingly complex parts. We will now be able to continue to grow and contribute to our vibrant industry."
Martin Jalbert and Raynald Bouchard, Co-Owners of Usinage Numérique Plus
SOURCE Canada Economic Development for Quebec Regions
For further information: Media Relations, Canada Economic Development for Quebec Regions, Tel.: 514-283-7443, Email: email@example.com