Le Lézard
Classified in: Business
Subjects: EXE, ECO, SBS, CXP

Groupe Aluspek in Waterloo will be able to increase its productivity and performance



Government of Canada awards more than $86,000 in financial assistance to Groupe Aluspek in the Haute-Yamaska RCM

WATERLOO, QC, Oct. 6, 2017 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)

By investing in the production capacity of enterprises, the Government of Canada is standing by its commitments and helping businesses expand, innovate and export their products to create high-quality jobs and ensure the prosperity of our national and regional economies.

Pierre Breton, Member of Parliament for Shefford, acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, announced that Groupe Aluspek Inc. has been granted $86,500 in financial assistance, in the form of a repayable contribution, to improve the business's productivity and performance.

Founded in 1995 under the name Produits Aluspek Inc., Groupe Aluspek specializes in the design, production and installation of aluminum and glass railings. The funding awarded through CED's Quebec Economic Development Program (QEDP) will help the business acquire new leading-edge equipment (CNC electric drills, a digital mitre saw, a 3D scanner, and so on).

The funding will help the business successfully deliver two major contracts recently obtained from the United States and Ontario, sign new contracts and contribute to the increased growth and outreach of Groupe Aluspek.

Quotes
"The Government of Canada helps businesses and sectors of the Canadian economy by making investments that encourage their productivity and support their competitiveness. We are proud to invest in a young business like Groupe Aluspek, whose partnership aligns closely with the measures we have taken to meet our commitment. The economies of the Shefford electoral district, Estrie and other Quebec regions will benefit from this investment."

Pierre Breton, Member of Parliament for Shefford

"As the Minister of Innovation, Science and Economic Development, my goal is to help enterprises grow, innovate and export so that they can create high-quality jobs and generate wealth for Canadians. That is why we clearly support dynamic businesses like Groupe Aluspek in the Haute-Yamaska RCM."

The Honourable Navdeep Bains, Minister responsible for CED

"Groupe Aluspek Inc. is very proud to receive funding from Canada Economic Development to support its export efforts. This loan will help us acquire manufacturing equipment that will improve our productivity and production capacity in aluminum and glass railings. Our new equipment will help us better serve mid- and high-rise residential building projects in Canada and the United States."

Pierre Cloutier, President, Groupe Aluspek Inc.

Quick facts

Stay connected
Follow CED on Twitter, LinkedIn, YouTube
Visit Groupe Aluspek  

 

SOURCE Canada Economic Development for Quebec Regions


These press releases may also interest you

at 01:01
Building on their successful energy storage partnership in the United States, SimpliPhi Power and OutBack Power are announcing the availability of a SimpliPhi AccESS + OutBack residential energy storage system for the European market. The unit will...

at 01:00
Ostara and Krevox announced today they have partnered to build a nutrient recovery facility at the Cielcza Sewage Treatment Plant (STP) to aid in the reduction of phosphorus being emitted to the Baltic Sea. The facility was recently awarded the...

at 01:00
LOS ANGELES, June 20, 2018 /PRNewswire-PRWeb/ -- Ovation Fertilitytm is proud to announce a partnership with the Institute for Reproductive Health in Cincinnati, OH, in which the Institute for Reproductive Health will merge its laboratory with...

at 01:00
LONDON, June 20, 2018 /PRNewswire-PRWeb/ -- Avoka today announced it is presenting at MoneyLIVE: Digital Banking in London on 25th-26th June 2018. MoneyLIVE: Digital Banking by Marketforce is the leading digital banking conference for innovators...

at 00:41
I-ON Communications, Ltd. ("I-ON") , www.i-on.net, a Seoul, South Korea based global enterprise software company focused on delivering leading web CMS and unstructured data management products and solutions to mid and large-scale enterprises,...

at 00:01
Eurofins Digital Testing, a global leader in end-to-end quality assurance and testing services, today announced that it has acquired Insite Security, a leader in information security services, to reinforce its portfolio of cybersecurity services...




News published on 6 october 2017 at 10:30 and distributed by: