Custom Diamond International receives $350,000 from CED
by CM Staff
The project, aimed at enhancing business productivity, will lead to the creation of 20 jobs.
LAVAL — On Feb. 19, Annie Koutrakis, Member of Parliament for Vimy, on behalf of the Minister of Economic Development and Official Languages, announced a $350,000 contribution for Custom Diamond International. This repayable contribution will enable the business to acquire and install new machines and new manufacturing equipment, including three CNC production machines with generator to complete more complex tasks more quickly. The project, aimed at enhancing business productivity, will lead to the creation of 20 jobs.
Established in Laval in 1997, Custom Diamond International (CDI) is a member of family business The Diamond Group, which has been a North American manufacturer of stainless steel containers for the restaurant industry for over 85 years. Today, CDI designs, manufactures and supplies displays, medical and laboratory equipment, as well as custom stainless-steel products for the retail sector.
Canada Economic Development for Quebec Regions fund is aimed at improving Quebec manufacturers and assisting various businesses through the pandemic with these contributions.
“The Government of Canada recognizes the need to intervene based on the strengths and assets present in each region. As such, CED’s support for Custom Diamond International will enable Laval to position itself at an advantage to participate in the coming recovery.” said Annie Koutrakis, Member of Parliament for Vimy.