Canadian Manufacturing

Quebec’s Synapse Electronic to get $450K boost from feds

Shawinigan company plans to invest in new automated production line

January 20, 2016  by Canadian Staff

SHAWINIGAN, Que.—A Quebec electric circuitry manufacturer is getting a half-million dollars in assistance from the federal government.

Ottawa has announced it will provide Shawinigan, Que.’s Synapse Electronic with $450,000 through the Quebec Economic Development Program. The funds will be awarded in the form a repayable contribution and allow the company, which is foremost a thermostat maker, to invest in an automated production line for a new generation of the temperature-monitoring devices.

“By boosting its productivity and developing new markets, the company will generate impacts that will benefit the whole community and the entire region,” François-Philippe Champagne, MP for Saint-Maurice-Champlain said.

The company employs 65, including a 10-person design team. With the funds, it expects to develop new markets across North America, allowing it to increase sales and create new jobs.


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