Fireflex receiving loan to expand Montreal area facilities
MONTREAL—A Quebec fire protection systems firm is receiving a $750,000 loan from the federal government to expand its Montreal facilities.
Fireflex Systems Inc. will receive the repayable contribution through Canada Economic Development’s Quebec Economic Development Program to expand and upgrade its research and development facilities in the Montreal area, according to the agency.
“By lending financial support to Fireflex Systems, our Government is giving a real boost to innovation and, consequently, to economic growth,” Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec Denis Lebel said in an announcement.
Established in 1991, Fireflex designs and manufactures state-of-the-art integrated fire protection systems, including automatic sprinklers and clean agent and compressed air foam systems.
The company’s systems are used in server rooms, aircraft hangars, bank vaults, electrical installations and oil installations.
According to Canada Economic Development, the facilities expansion comes as a result of a new fire protection system Fireflex has been developing with the coordination of the National Research Council of Canada (NRCC).
The NRCC has granted the firm the exclusive right to manufacture and market the ICAF system.