Government funding helps startup of new Quebec rotomolder
Canadian PlasticsEconomy Plastics Industry Economic Changes/Forecast
The Canadian and Quebec governments are contributing $300,000 for the startup of a new rotational molder locat...
The Canadian and Quebec governments are contributing $300,000 for the startup of a new rotational molder located in Saint-Antonin.
The company, called Rototeck Industries, will focus on the manufacture of storage lockers, and seats for all-terrain vehicles and other recreational vehicles.
Rototeck will employ 10 workers, with another 15 expected to be added by next year.
The startup follows the acquisition of the assets – including land, buildings, equipment and machinery – of Groupe Plastic MS by M. Christian Pelletier.
Financial support of $151,000 from the Quebec government was granted by the Ministry of Economic Development, Innovation and Export, under the Support Program for economic projects. This program aims to support investment projects and development projects of products made by companies in Quebec with a view to increasing productivity and creating jobs.
The remaining funds were contributed by the federal government.
“The financial contribution of the Government of Quebec has enabled me to go ahead with this important business project for our region. I am confident that with our new products, we can differentiate ourselves from the competition and make effective recovery activities,” Pelletier said.