Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

October 17, 2014 11:30 ET

Government of Canada Supports Growth of Enseignes Montreal Neon Inc.

LAVAL, QUEBEC--(Marketwired - Oct. 17, 2014) - Canada Economic Development for Quebec Regions (CED)

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, the Honourable Senator Jean-Guy Dagenais is proud to break ground on the site of the future facilities of Enseignes Montréal Néon Inc. and to announce financial assistance from the Government of Canada to help the company bolster its productivity and become more competitive on international markets.

This assistance is being awarded in the form of a $400,000 repayable financial contribution through Canada Economic Development's Quebec Economic Development Program.

Quick facts

  • In operation since 1993, Enseignes Montréal Néon Inc. specializes in the design, manufacture and installation of indoor and outdoor industrial and commercial signs.

  • The firm's project involves acquiring such equipment as an automated paint booth, a digitally-controlled gantry crane and a digitally-operated cutting system.

  • The company has adopted a strategic plan for modernizing and automating its manufacturing methods to support its international expansion.

Quotes

"By encouraging enterprises like Enseignes Montréal Néon to develop, invest and seek out new markets, our government is giving new impetus to its economic growth and job creation objectives."

The Honourable Senator Jean-Guy Dagenais, 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

"Without question, these new facilities and leading-edge equipment will allow our company to increase its production capacity and thereby help us gain a foothold in new markets and consolidate our competitive standing."

Carlo Paolucci, President, Finance, Enseignes Montréal Néon

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