Canadian Manufacturing

Quebec carpet maker gets $1M federal loan for new equipment

by Canadian Manufacturing Daily Staff   

Canadian Manufacturing
Financing Operations Economy finance Manufacturing Quebec

Korhani Manufacture Inc. plans to buy carpet loom, forklifts

SOREL-TRACY, Que.—Another Quebec firm has been granted a loan from the federal government, this time a $1-million contribution to a rug maker in the province.

According to Canada Economic Development, Korhani Manufacture Inc. of Sorel-Tracy, Que., was given the loan for the acquisition of a new textile machine and forklifts.

Korhani manufactures home rugs, which are sold directly to large retail chains.

The $1-million repayable contribution will be used to purchase tow motors and a carpet loom.


The loan, awarded through Canada Economic Development’s Quebec Economic Development Program, is aimed at boosting the southwestern Quebec firm’s productivity, according to the federal department.


Stories continue below

Print this page

Related Stories