Canada Economic Development



Canada Economic Development

July 19, 2013 11:00 ET

Alliantis Metal Inc. Receives Financial Support from Government of Canada

ACTON VALE, QUEBEC--(Marketwired - July 19, 2013) - The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, announces that Alliantis Métal Inc. has been granted financial assistance to acquire state-of-the-art laser cutting equipment to improve plant productivity.

"By supporting Alliantis Metal in the acquisition of state-of-the-art technology, the Government of Canada is showing proof once again of its commitment to invest in projects that can help grow the economy," said Minister Lebel.

Founded in 2007, Alliantis Metal Inc. specializes in the manufacture of highly technical metal parts and components. The company also offers robotized production, welding and assembly of product components. Its clients are mainly prime manufacturers in the industrial, recreational, medical, transport and energy sectors.

The funding from Canada Economic Development will help strengthen the company which will then be able to sustain high value jobs.

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This assistance, granted in the form of a $317,500 repayable contribution, has been awarded through Canada Economic Development's Quebec Economic Development Program.

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