Three Mauricie companies will be able to improve their productivity and increase their production capacity

The Government of Canada awards nearly $450,000 in financial assistance to Entreprises E.F. Arseneault, Sablage Caso and RP Métal

LOUISEVILLE, QC, Nov. 14, 2018 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)

Les Entreprises E.F.Arseneault (known as Arseno), Sablage Caso and RP Métal are dynamic, growing companies. To maintain their momentum and continue growing, they will receive repayable contributions totalling $445,150 from Canada Economic Development for Quebec Regions.

The announcement was made today by David Lametti, Member of Parliament for LaSalle–Émard–Verdun and Parliamentary Secretary to the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development. The funding granted by the Government of Canada will allow the recipient businesses to achieve their established growth objectives. By carrying out their respective projects, they will generate total investments of over $1.5 million and create six new jobs in the RCM of Maskinongé.

One of the Government of Canada's priorities is to ensure the prosperity of communities. That is why it supports businesses in their efforts to increase productivity, develop new products or improve existing products and services.

Quotes

"I am proud of the Government of Canada's financial support for these three Mauricie companies, which stand out for their dynamism, vision and determination. These contributions will enable them to keep growing, strengthen their existing advantageous position and generate economic growth and high-quality jobs."

David Lametti, Member of Parliament for LaSalle–Émard–Verdun and Parliamentary Secretary to the Minister of Innovation, Science and Economic Development

"By helping companies invest in facilities, equipment and digital technologies that will improve their performance, the Government of Canada is standing by its commitments to drive expansion, innovation and exports. I am also pleased to know that these projects will help create high-quality jobs in Mauricie."

The Honourable Navdeep Bains, Minister responsible for CED

Quick facts

• Today's announcement is made on behalf of the Honourable Navdeep Bains, Minister responsible for the Innovation, Science and Economic Development portfolio, which includes 17 federal departments and agencies, including CED and the five other regional development agencies.
• The funding was awarded under CED's Quebec Economic Development Program. To find out more about CED and its priorities, see the 2018-2019 Departmental Plan or visit www.dec-ced.gc.ca.
• The year 2018 marks the 50th anniversary of federal regional economic development in Quebec: half a century of concrete action targeting the growth of Quebec's regions and businesses.
• For more details on these projects, see the attached backgrounder.

Backgrounder

Proponent	Contribution — Investments – Project Description
Sablage Caso (9323-4375 Québec Inc.)	Repayable contribution of $235,150 out of a total investment of $944,440   The purpose of the project is to expand the company, specifically to improve productivity and increase production capacity. To achieve that, the following activities are required: transferring operations to a new plant to be built and purchasing new equipment that will enable higher-performance production. CED's contribution is intended for, among other things, purchasing and installing a sanding room, a painting room and a mixing room. Three jobs are expected to be created.   Founded in June 2015, Sablage Caso is a company specializing in the sandblasting and finishing of small-batch components. The company has the qualifications and equipment for sanding and painting, using baked powder or liquid paint, various types of parts made of metal. The specialized services offered by the company are intended for different sectors (industrial, agricultural, municipal and commercial).
Les Entreprises E.F.Arsenault Inc. (Arseno)	Repayable contribution of $180,000 out of a total investment of $539,000   The project aims to improve the company's productivity and increase its production capacity. It involves purchasing strategic digital equipment to automate part of the production. CED's contribution will cover the purchase of a numerically controlled (CNC) machine and an automated industrial sewing machine, which will help optimize production and reduce delivery times. This project is expected to create two jobs.   Founded in 2000, Les Entreprises E.F. Arsenault specializes in upholstering wooden chairs for prime manufacturers of wooden furniture (residential furniture, hotel and restaurant sectors). The company is working at preparing its own line of finished products including padded benches and chairs as well as poker tables.
RP Métal inc.	Repayable contribution of $30,000 out of a total investment of $60,000   The goal of the project is to improve the company's productivity and increase its production capacity by purchasing digital production equipment: CED's contribution will cover the purchase of production equipment, specifically a digital press brake. Ultimately, this project could create one job.   Incorporated in 2014 (but created in 1994), RP Métal specializes in the manufacture and repair of stainless steel and aluminium equipment. This SME manufactures such things as counters, sinks, carts, packing tables, evaporators and ventilation parts. The company has developed expertise and a very good network in the food business.
Summary	Number of projects: 3   Number of jobs created: 6   CED's contributions: $445,150   Total investments generated by these projects: $1,543,440

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SOURCE Canada Economic Development for Quebec Regions

Media Relations, Canada Economic Development for Quebec Regions, 514-283-7443, [email protected]