Scotstown – The governments of Canada and Quebec and Investissement Québec are providing a total of $1,675,200 to Emballages Façoteck for it to improve its productivity and production capacity. The project involves purchasing and installing an automated encapsulating machine, a metal detector for quality control, and commercial vacuums.
Minister of National Revenue, Marie-Claude Bibeau, on behalf of the Minister of Tourism and Minister responsible for Canada Economic Development for Quebec Regions (CED), Soraya Martinez Ferrada, and the Member for Mégantic, François Jacques, on behalf of the Minister of Economy, Innovation and Energy, Minister Responsible for Regional Economic Development and Minister Responsible for the Metropolis and the Montréal Region, Pierre Fitzgibbon, made the announcement today during a tour of the business’s facilities.
The Government of Canada is providing a repayable contribution of $175,000 for this project through CED’s Regional Economic Growth through Innovation (REGI) program. For its part, the Government of Quebec is granting two loans totalling up to $688,000 under the ESSOR Program. Two additional loans totalling $812,000 are being allocated to the business by Investissement Québec, through the Productivité Innovation initiative.
“The manufacturing industry is a pillar of our economy. That is why our government is committed to investing so that our SMEs remain competitive and innovative. Thanks to CED’s support, Emballages Façoteck will be able to improve its productivity and production capacity in the manufacture and packaging of natural health, pharmaceutical and cosmetic products. The entire team can be proud of this project.” – Marie-Claude Bibeau, Minister of National Revenue