Both companies will purchase new equipment to improve productivity; create 19 jobs by 2012.
DRUMMONDVILLE, Que.‑SPG International Ltd. has been awarded $740,000 in repayable funding from Canada Economic Development’s Business and Regional Growth program to purchase new manufacturing equipment.
The project is expected to create 19 jobs by 2012.
The company manufactures metal tool boxes and industrial storage systems for automotive technicians, industrial maintenance professionals and contractors.
An audit of the company’s manufacturing operations revealed necessary changes to improve productivity. The funding will be used for an automated welding cell to manufacture new products, including a tool box designed for the construction site market.
In Lac-Mégantic, Que., Tafisa Canada Inc. has been granted $1 million in repayable funding to purchase new equipment to improve its productivity.
Tafisa Canada Inc. produces particleboard and thermofused melamine panels for manufacturers of office furniture and cabinets.
The company says the funding will be used to acquire new equipment to manufacture products from recycled wood to meet the industry’s high environmental standards.