Feds invest in two Quebec manufacturers
The funding consists of repayable contributions totalling $797,400
ABM specializes in the manufacture of punch die sets, moulds and templates, and the computer-assisted design of parts in series.
With $480,000 from the federal government, ABM will acquire and install automated production equipment, including a digital machining centre.
Métallitech works in metallic and non-metallic processing, with a specialization in thermal spray coating.
CED granted the business $317,400 to acquire, among other things, robotic production equipment integrating new technologies.