Kruger investing $55M on new paper machine in Quebec
Will increase production by 20,000 tonnes and preserve 600 jobs.
Norampac plant expansion to be done in January
Cascades is getting help with a loan guarantee from Quebec.
Kruger Packaging invests $250M in its Trois-Rivières Mill
Newsprint machine will be converted to manufacture 100% recycled, lightweight linerboard.
Pharmascience investing $55M to upgrade Montreal facility
Project is expected to create up to 65 new jobs.
Quebec giving $1B in support to buyers of Bombardier CSeries
Interest-bearing loans will represent up to 10% of the value.
Heroux-Devtek to hire 50 workers with $6.2M from Quebec
Landing gear manufacturer Heroux-Devtek will create 50 new jobs after receiving more than $6.2 million of financial support from the Quebec government.
UPDATE: Timminco owes Quebec’s investment arm $26M+
The Quebec government’s investment agency is owed more than $26 million by Timminco Ltd., a specialty metals producer that filed for court protection this week.