Canada Economic Development



Canada Economic Development

March 28, 2013 11:00 ET

Denis Cimaf Inc. Receives Financial Support from Government of Canada

ROXTON FALLS, QUEBEC--(Marketwire - March 28, 2013) - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities, Minister of the Economic Development Agency of Canada for the Regions of Quebec and Minister of Intergovernmental Affairs, today announced that the firm Denis Cimaf Inc. has been granted financial assistance to step up commercialization of its products in South America.

"Our Government is committed to strengthening the external competitiveness of the Canadian economy to safeguard growth and employment. True to this commitment, it contributes to the development of export-oriented companies like Denis Cimaf Inc.," said Minister Lebel.

Founded in 1996, this enterprise specializes in the design, assembly and marketing of land clearing equipment and hydraulic power units that can be mounted on carriers such as excavators, tree fellers, brush cutters and graders.

Denis Cimaf Inc.'s project involves diversifying its markets and is part of its growth plan. The commercialization strategy includes the company's participation in trade shows and consolidation of its Brazil sales office operations.

"The Government of Canada remains focused on four priorities, as outlined by the Prime Minister, that Canadians care most about: their families, the safety of our streets and communities, their pride in being a citizen of this country, and of course, their personal financial security," concluded Minister Lebel.

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This $170,000 in repayable funding has been awarded under Canada Economic Development's Quebec Economic Development Program.

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