Towards an ever more productive metal manufacturing sector
Crabtree — The Government of Canada, the Government of Quebec and Investissement Québec are granting a total of $1.6 million in financial contributions to APF Villeneuve, a business specializing in the machining of high‑precision components, to support the acquisition of two pieces of numerical control equipment that will enable it to increase its productivity. This automation project is valued at $2 million.
The Minister of Tourism and Minister responsible for Canada Economic Development for Quebec Regions (CED), the Honourable Soraya Martinez Ferrada, the Minister for the Economy, Minister Responsible for the Fight Against Racism and Minister Responsible for the Laval Region, Christopher Skeete, and the Member for Joliette, François St‑Louis, made the announcement today.
The Government of Canada, through CED, is granting a repayable contribution of $400,000 to the business for this project. For its part, the Government of Quebec is providing, through the ESSOR program, a loan of $600,000, and Investissement Québec is granting an equivalent loan from its capital funds. Supporting organizational growth contributes to economic development in Quebec’s regions. That is why Élisabeth Brière, Member of Parliament for Sherbrooke and Parliamentary Secretary to the Minister of Families, Children and Social Development, on behalf of Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, announced a repayable contribution of $250,000 for Amecci Inc. This CED support will enable the business to acquire equipment to manufacture abrasive bands.
“It is a priority of the Government of Canada to ensure communities prosper by guiding the country’s businesses and regions into tomorrow’s economy. That is why CED is proud to support APF Villeneuve, a leader in high-precision machining, in its efforts to implement its Industry 4.0 factory process. Its operations contribute greatly to the Lanaudière region’s economic vitality, and the success of its automation project will undoubtedly be felt right across the region.” – Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for Canada Economic Development for Quebec Regions