Canada Economic Development

Canada Economic Development

May 28, 2012 14:00 ET

Dynamic Concept Group Receives Financial Support from Government of Canada for Productivity Enhancement

JONQUIÈRE, QUEBEC--(Marketwire - May 28, 2012) - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities and Minister of the Economic Development Agency of Canada for the Regions of Quebec, today announced that the Dynamic Concept group has been awarded financial assistance to implement measures aimed at increasing its productivity and competitiveness.

"This is yet another example of the Government of Canada's commitment to supporting enterprises that, like Dynamic Concept, are investing to increase their productivity," said Minister Lebel.

The group, comprising Dynamic Concept and Dynamic Equipment, develops, manufactures and markets equipment used in the handling, preparation and casting of liquid aluminium. Its core clientele consists of major smelters and extrusion and laminated product manufacturers from around the world.

Dynamic Concept recently completed an operational diagnostic that prompted it, among others, to redesign its work space and operations. This undertaking will allow the group to bring back in-house the assembly, testing, and experimentation of the equipment it manufactures while increasing its production capacity. Its directors anticipate that completion of this process will lead to the creation of some 25 jobs within the Dynamic Concept group.

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This $270,000 in repayable funding has been awarded under Canada Economic Development's Business and Regional Growth program.

For more information, visit: www.dynamic-concept.ca

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