Maxime Knitting Mills Inc. receives funding from Government of Canada

Montréal, Quebec, July 31, 2013  – 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, today announced that the firm Maxime Knitting Mills Inc. has been granted financial assistance for the acquisition of modern production equipment.

“By supporting Maxime Knitting Mills in the acquisition of state-of-the-art technology, the Government of Canada is showing proof once again of its commitment to invest in projects that can help grow the economy,” said Minister Lebel.

Founded in the 1980s, Maxime Knitting Mills Inc. is a thriving family-run textile business. It is the only company in Canada that crafts knitted mattress covers for mattress manufacturers across North America.

The funding from Canada Economic Development will enable the firm to acquire the equipment it needs to improve its production and thus increase its productivity and competitiveness as well as its ability to diversity its markets.

Information:

This financial assistance, granted in the form of a $700,000 repayable contribution, has been awarded through Canada Economic Development`s Quebec Economic Development Program.

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Sources:

Media Relations
Canada Economic Development
Tel.: 514-283-8818
E-mail: media@dec-ced.gc.ca

Marie-Josée Paquette
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development
Tel.: 514-496-1282
E-mail: Marie-Josee.Paquette@miga-maig.gc.ca