Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

February 11, 2015 14:30 ET

Les Scies Mercier Inc. Set to Conquer New Markets

The Government of Canada encourages the growth of Quebec businesses, creating new jobs in Levis

LÉVIS, QUÉBEC--(Marketwired - Feb. 11, 2015) - Canada Economic Development for Quebec Regions (CED)

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, the Honourable Steven Blaney, Member of Parliament for Lévis-Bellechasse and Minister of Public Safety and Emergency Preparedness, announces that Les Scies Mercier Inc. has been granted financial assistance to acquire equipment to boost its productivity, and to carry out commercialization activities on the North American market.

This support has been awarded in the form of a $130,000 repayable financial contribution through CED's Quebec Economic Development Program.

Quick facts

  • The investment will enable Scies Mercier Inc. to update its production equipment, hire an export business development resource, develop promotional material and participate in a trade show.

  • Les Scies Mercier Inc. manufactures industrial cutting tools and operates in the wood, metals and food sectors. It is one of the oldest cutting tools manufacturers in North America.

  • In addition to ensuring the company's growth, this project is expected to result in the creation of full-time jobs and to contribute to the diversification and growth of strong, dynamic regional economic activity.

Quotes

"Our government is helping Quebec businesses grow so they can create more jobs. Investments like the one we are making in Les Scies Mercier Inc. promote the productivity of Canadian businesses and the competitiveness of our country's economy."

Steven Blaney, Member of Parliament for Lévis-Bellechasse and Minister of Public Safety and Emergency Preparedness

"Constantly striving for innovative solutions to improve the tools we manufacture, Les Scies Mercier Inc. also must meet the growing demand of its North American customers. The financial support announced today will help ensure the development and commercialization of various types of saw blades and knives, which are our niche products."

Patrick Garant, President, Les Scies Mercier Inc.

Related link

Scies Mercier Inc. Website: http://www.mercierinc.com/en

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