Mine equipment manufacturer gets $1.2M from feds for new Quebec plant
The CED investment will pay for handling equipment, a paint room, a sand-blasting chamber and compressors at the new manufacturing facility
VAL-D’OR, Que.—A mining manufacturer in western Quebec is expanding its operation in the city of Val-d’Or with the help of a $1.2 million loan from the federal government.
CMAC-Thyssen, which makes high-performance long-hole drills, plans to use the funds to buy equipment for its new plant in one of Quebec’s major mining region.
“The acquisition and installation of equipment in the new plant will help us improve our productivity and our production capacity, so that we will be even better equipped to serve our current clients and to diversify our service line in the region, elsewhere in Canada and around the world,” said Ghislain Blanchet, executive vice-president of the company’s Mining Group.
The funds were awarded through the Canada Economic Development for Quebec Regions, or CED, and will pay for handling equipment, a paint room, a sand-blasting chamber and compressors at the new site.