Abitibi-Témiscamingue organization receives $1.3M in financial assistance from CED.
Preissac – Supporting SME growth contributes to economic development in Quebec’s regions. That is why Pascale St‑Onge, Minister of Sport and Minister responsible for CED, announced a repayable contribution of $1.3M for Créations ThermoDoor inc. This CED support has enabled the business to acquire technological equipment such as a glue and cleaning system, a press, and two digital control centres, with the aim of increasing its productivity and enabling it to continue growing.
Créations ThermoDoor specializes in manufacturing tailored kitchen cabinet components. The renovation trend combined with supply issues and increased costs due to the pandemic are motivating the SME to invest in order to manufacture some of its products differently. To succeed in this, it must acquire new equipment. CED’s support in this regard and the project to expand the plant will enable Créations ThermoDoor to increase its productivity and production capacity.
The Government of Canada recognizes and supports businesses and organizations that are a source of pride in their communities. Quebec’s economic growth relies on organizations with strong roots in the regional economy; they represent key assets in building a sustainable, inclusive economy.
“The manufacturing industry is a pillar of our economy, which is why our government has committed to making investments to ensure our SMEs remain competitive and innovative. Thanks to CED’s support, Créations ThermoDoor has been able to acquire and install digital production equipment. The success and spin-offs of this project will contribute to the economic vitality of Preissac and the greater Abitibi-Témiscamingue region.” – Pascale St-Onge, Member of Parliament for Brome–Missisquoi, Minister of Sport and Minister responsible for