π Tender Overview
The governments of Canada and Quebec are granting a total of 4 million to DE LA FONTAINE to acquire automated and digital equipment enabling it to automate its full production line with a focus on the folding and shaping steps and various cutting and gluing phases. To install the new equipment on the main floor a second floor will be added onto the current building for administrative offices.The Member of Parliament for Sherbrooke and Parliamentary Secretary to the Minister of Mental Health and Addictions and Associate Minister of Health lisabeth Brire on behalf of the Member of Parliament for BromeMissisquoi Minister of Sport and Minister responsible for Canada Economic Development for Quebec Regions CED the Honourable Pascale StOnge along with Christopher Skeete Minister for the Economy Minister Responsible for the Fight Against Racism and Minister Responsible for the Laval Region accompanied by the Assistant Government Whip and Member for SaintFranois Genevive Hbert made the announcement today.The aim of this investment project valued at over 11.5 million is to enable the businesswhich specializes in manufacturing steel doors and framesto increase production in order to meet the demand and solidify its position in this sector.As part of this project the Government of Canada is granting a repayable contribution of 1 million under CEDs Regional Economic Growth through Innovation program. For its part the Government of Quebec is granting 3 million through the Appui aux projets dinvestissement favorisant la productivit et lexpansion des entreprises component of the ESSOR program managed by Investissement Qubec as the governments representative.QuotesWe are helping businesses equip themselves with what they need to remain competitive prosper and create good jobs. Thanks to our governments financial assistance DE LA FONTAINE will be able to strengthen its position in the industry and on the markets which will also help stimulate the regional economy. This support will thus benefit the entire Sherbrooke region and enable the Canadian economy to bounce back even stronger than before.lisabeth Brire Member of Parliament for Sherbrooke and Parliamentary Secretary to the Minister of Mental Health and Addictions and Associate Minister of HealthOne of our economic objectives is to have an even more innovative highperforming manufacturing sector that uses automation and robotization more in its processes. By guiding SMEs through this phase of their journey we are enabling them to create projects that will boost their growth and ensure their competitiveness.Christopher Skeete Minister for the Economy Minister Responsible for the Fight Against Racism and Minister Responsible for the Laval RegionOur government has adopted measures to help our businesses as they leverage automation. That is why we are providing our assistance to DE LA FONTAINE whose success is raising the profile not just of the Sherbrooke region but of the entire Canadian economy. We are here to support workers and Quebec and Canadian SMEs. By assisting businesses so they can equip themselves with what they need we are all coming together to help rebuild a stronger more resilient and more sustainable economy.The Honourable Pascale StOnge Member of Parliament for BromeMissisquoi Minister of Sport and Minister responsible for CEDVeritable drivers of economic development SMEs help maintain vital dynamic communities. In operation for over 50 years now DE LA FONTAINE represents a major asset for the municipality of Sherbrooke. Supporting such businesses aligns with our vision of a modern competitive Quebec.Genevive Hbert Assistant Government Whip and Member for SaintFranoisOver the last decade DE LA FONTAINE has positioned itself to become a leader in manufacturing and quick service in its industry. Thanks to our investments in technology along with our unique business model we have been able to set up shop in six U.S. regions position ourselves strategically and provide very short manufacturing timelines. A victim of our success we are now at a time where we need to make a significant investment to improve our Sherbrooke plant. This is where it all began 55 years ago. With these improvements we can increase our capacity and thereby continue to expand our presence in North America.Gabriel de La Fontaine General Manager DE LA FONTAINE