SAINT-NARCISSE, QUEBEC--(Marketwired - Jan. 16, 2014) - Canada Economic Development
Acting on behalf of 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, Jacques Gourde, Member of Parliament for Lotbinière-Chutes-de-la-Chaudière and Parliamentary Secretary to the Prime Minister, for Official Languages and for the Economic Development Agency of Canada for the Regions of Quebec, today announced that Rosaire Tessier & Fils Inc. received financial assistance in support of its efforts to expand production.
The assistance, granted in the form of a $136,450 repayable financial contribution, was awarded through Canada Economic Development's Quebec Economic Development Program.
- The enterprise renovated a recently-acquired building and purchased new equipment, including an automatic strip nailer and compressors, with a view to automating a portion of its production line. The firm added a work shift and hired two new employees in order to bolster its production.
- Founded in 1964, Rosaire Tessier & Fils has been producing wood-frame box springs for Quebec's main mattress manufacturers for three generations.
"By investing in product improvement at Rosaire Tessier & Fils, our government is showing once again that it is determined to take the necessary measures to boost our economy's growth potential."
Jacques Gourde, MP for Lotbinière-Chutes-de-la-Chaudière
"Thanks to the financial support of the Government of Canada, Rosaire Tessier & Fils now has the equipment and facilities it needs to consolidate its market share in Quebec and expand outside of the province."
Claude Tessier, President and General Manager, Rosaire Tessier & Fils Inc.
Related link: http://tessieretfils.com/
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