Federal government announces $660K for Groupe Support Plus – Labmétal (2017) Inc.
by CM Staff
This CED support will enable the business to acquire and install new production equipment, including a laser cutting system, a cutting robot, a folding press, and a bending machine, which will hopefully help this SME to grow.
TROIS-RIVIÈRES — On Jun. 28, Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, announced a repayable contribution of $660,000 for Groupe Support Plus – Labmétal (2017) Inc. This CED support will enable the business to acquire and install new production equipment, including a laser cutting system, a cutting robot, a folding press, and a bending machine, which will hopefully help this SME to grow.
Groupe Support Plus – Labmétal specializes in the manufacturing of industrial hardware products and industrial pipe supports. In 2011, the business merged with Labmétal Inc., which focuses on the production of railings, walkways, grading rings, mechanically welded parts and various fabricated metals. In May 2023, the SME was acquired by Denys Duchesne and his group of investors. The purchase of new production equipment will enable the Trois‑Rivières business to increase its production capacity and improve its productivity.
“The manufacturing industry is a pillar of our economy. That is why our government has committed to invest to ensure our SMEs remain competitive and innovative. Thanks to CED’s support, Groupe Support Plus will be able to increase its capacity to produce mechanically welded steel, aluminum, and stainless-steel parts. The entire team can be proud of this project,” says Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED.
“We thank CED for believing in us. With its support and by focusing on innovation through the purchase of new equipment with all the latest technology, Groupe Support Plus – Labmétal will become more competitive and grow,” says Denys Duchesne, President, Groupe Support Plus – Labmétal (2017) Inc.
