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Home›Saving Investment›Economic development in Montérégie

Economic development in Montérégie

By Curtis M. Klein
April 7, 2021
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BROMONT, QC, April 7, 2021 / CNW Telbec / – The governments of Quebec and Canada provide total financial assistance of $ 13 million to Quali-T-Group (QTG) for the construction of a new plant in Bromont, in the Montérégie region. This investment project, evaluated at nearly $ 19 million, also involves the acquisition of advanced equipment to improve the competitiveness of the company.

The Minister of the Economy, Lucie Lecours, and the MNA for Brome-Missisquoi, Minister of Education and Minister responsible for the Status of Women, Isabelle Charest, made the announcement today with the Lieutenant of Quebec and Leader of the Government in the House of Commons, the the Honorable Pablo Rodriguez, and the Member of Parliament for Brome – Missisquoi, Lyne Bessette, representing the Minister of Economic Development and Official Languages ​​and Minister responsible for Canada Economic Development for the Regions of Quebec (CED), the Honorable Mélanie Joly.

This project will allow QTG to centralize the activities of its two factories, Quali-T-Tube and Quali – T – Fab, in a more modern and efficient facility. This initiative will also strengthen 43 jobs within the company and create 14 new ones.

The government of Of Quebec assistance totaling $ 11 million, is divided into two loans: A $ 6 million the loan is granted under the ESSOR program of the Ministry of the Economy and Innovation, in particular $ 1 million who can be forgiven if certain conditions are met, and a $ 5 million the loan is issued from Investissement Québec’s own funds. For its part, DEC grants a $ 2 million reimbursable contribution under the Regional Economic Growth through Innovation program.

Quote:

“This past year has not been easy, but the federal government is there to help our businesses and protect our jobs by taking advantage of innovation, new technologies and going green. By helping Quali-T-Group, c ‘is exactly what we are doing today. Construction of this new factory will create great jobs for families Bromont and the region. “

The Honorable Pablo Rodriguez, honorary member –Mercier, Quebec Lieutenant and Leader of the Government in the House of Commons

“Building a new factory with modern equipment will allow Quali-T-Group to continue its transition to the Manufacturing 4.0 standard to strengthen its competitiveness. Technological solutions are at the heart of our strategy to boost the productivity of Of Quebec companies. Dynamic and visionary companies such as Quali-T-Group are helping to accelerate the pace of this evolution towards a more innovative and more efficient economy. “

Lucie Lecours, Economy Minister

“Our government will always be there to From Canada businesses and regions to support them in difficult times and help them position themselves to fully participate in our country’s economic recovery. This is exactly what we are doing by providing our support to the Quali-T Group, which supports people and develops expertise here in Montérégie. Building on the respective strengths of our regions is essential to ensure an inclusive economic recovery and create good jobs in all of our communities. “

The Honorable Mélanie Joly, Member of Parliament for Ahunstic-Cartierville, Minister of Economic Development and Official Languages ​​and Minister responsible for CED

“Of Quebec economic vitality depends to a large extent on businesses and their ability to improve their productivity. For nearly 100 years now, Quali-T-Group has demonstrated a constant desire to improve its operations to ensure its growth. We see it again today with the construction of a new factory with state-of-the-art equipment. This innovative company can be proud to actively contribute to job creation and to the wealth of our region! “

Isabelle Charest, Member of Parliament for Brome-Missisquoi, Minister of Education and Minister responsible for the Status of Women

“The government of Canada encourages innovative SMEs and recognizes the need to take action based on the strengths and strengths of each region. “

Lyne Bessette, MNA for Brome – Missisquoi

“We are proud to be part of this important growth project, which will undoubtedly contribute to the development of the Montérégie economy. Groupe Quali-T is a convincing example of a proactive manufacturer choosing to make the digital and technological shift Thanks to the Productivity innovation initiative and its enriched service offer, the regional team of Investissement Québec has everything which it needs to accompany and support Quali – T – Group in achieving its ambitious objectives both at home and abroad. “

Guy LeBlanc, President and Chief Executive Officer, Investissement Québec

Fast facts:

  • QTG is a Montérégie manufacturing company specializing in the transformation of structural and mechanical steel tubes, support columns and finished and semi-finished steel products since 1929.
  • the ESSOR program, managed by Investissement Québec on behalf of the government of Quebec, aims to support investment projects implemented in Quebec with a view to improving competitiveness and productivity, creating jobs and stimulating sustainable development.
  • Investment Quebec mission is to play an active role in Of Quebec economic development by stimulating business innovation, entrepreneurship and the growth of investment and exports in all regions Quebec.
  • CED is one of six regional development agencies under the responsibility of the Minister of Economic Development and Official Languages, the Honorable Mélanie Joly.
  • CED’s Regional Economic Growth through Innovation program targets entrepreneurs who take advantage of innovation to grow their businesses and improve their competitiveness, as well as regional economic stakeholders who help create an entrepreneurial environment conducive to innovation and growth for all, in all regions.

Associated link:

Ministry of Economy and Innovation on social networks:

DEC on social networks:

Twitter: https://twitter.com/CanEconDev

LinkedIn: https://www.linkedin.com/company/dec-ced

Youtube: https://www.youtube.com/channel/UCuGx3HuidfI7gTHobNrctJA

SOURCE Canada Economic Development for Quebec Regions

For further information: Sources: Claudia Loupret, Press Secretary, Office of the Minister of the Economy, Tel .: 418-691-5650; Catherine Mounier-Desrochers, press secretary, Office of the Minister of Economic Development and Official Languages, [email protected]; For further information: Jean-Pierre D’Auteuil, Head of Media Relations, Communications Department, Ministry of the Economy and Innovation, tel .: 418-691-5698, ext. 4868, Cell: 418-559-0710; Media Relations, Canada Economic Development for Quebec Regions, Tel: 514-283-7443, Email: [email protected]; Catherine Salvail, Advisor – Media and Government Affairs, Investissement Québec, Tel .: 514-876-9600, Email: [email protected]




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