Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

June 17, 2015 11:00 ET

Partnerships to Strengthen the Competitiveness of Quebec Plastics Processors

Government of Canada to support an innovative project in Montérégie by Quebec-based Federation of Plastics and Alliances Composites for companies in the plastics and composites manufacturing sector

SAINT-JEAN-SUR-RICHELIEU, QUEBEC--(Marketwired - June 17, 2015) - Canada Economic Development for Quebec Regions (CED)

Today, on the occasion of the official opening of the H2 Complex of the new Haut-Richelieu Technological and Industrial Centre, 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, announces that the Federation of Plastics and Alliances Composites (FEPAC) has been granted funding to create new collaborative models, i.e. Technology and Commercialization Platforms (PTCs in French) for plastics and composites processors.

This assistance has been awarded in the form of a $239,995 non-repayable financial contribution through CED's Quebec Economic Development Program.

Quick facts

  • This investment will enable the Federation to carry out various activities with a view to grouping industry businesses into three PTC clusters in order to improve their global competitiveness.

  • These new models of collaboration will help develop new industrial skills, strategic commercialization and R&D projects.

  • FEPAC, Quebec's strategic plastics network, represents more than 100 member companies in the plastics-composites industry value chain.

Quotes

"Our government's top priority is growth and jobs, as evidenced by our ongoing support of organizations that, like the Federation of Plastics and Alliances Composites, support businesses in their efforts to become more competitive, which is a catalyst for economic growth,"

Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec

"The international competitiveness of Quebec plastics and composites companies is essential to their maintenance and growth. The funding announced today will ensure the implementation of an innovative project that will improve the competitiveness of these companies."

Pierre Fillion, President and CEO, Federation of Plastics and Alliances Composites

Related link

FEPAC Website: http://www.fepac.ca/ (French)

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