$1.8-million Project in Saint-Georges - Robert Dutil Announces a $910,000 Loan Guarantee for Norgate Metal
Saint-Georges, January 17, 2011 - Robert Dutil, MNA for Beauce-Sud, Minister of Public Security and Deputy House Leader, announced, on behalf of Clément Gignac, Minister of Economic Development, Innovation and Export Trade, that Norgate Metal has been granted a $910,000 loan guarantee. Norgate Metal specializes in the manufacture of steel structures and metalwork products.
"I'm very pleased to announce the Québec government's support for Norgate Metal. Since the company opened in 2004, it's contributed to the economic development of Saint-Georges and the outlying area through the hundred jobs it's created. Despite the recent economic crisis, Norgate Metal has adapted and positioned itself beautifully in a competitive market," stated Robert Dutil.
The financial contribution, provided through Investissement Québec, is intended to support some facility design work following the expansion of the company's La Guadeloupe plant in Chaudière-Appalaches. Norgate Metal will also be adding new, more efficient production lines to its Saint-Georges plant in Beauce.
"Since the economic recovery in the United States has been weak, Norgate Metal decided to innovate by exploring new markets in Canada and investing in specialized equipment that'll enable it to improve its production and ability to compete. Norgate Metal is the kind of company that helps set Québec apart," declared Clément Gignac.
Norgate Metal's president, Richard Gilbert, feels that the company's growth is steady. "I'd like to thank the Québec government for its support," said Gilbert. "This expansion has required an investment of $2 million; it'll enable us to hire 30 new assemblers at La Guadeloupe plant by April, which will bring our workforce up to 130. With the new equipment, we'll be able to manufacture more complex and larger parts."
About Norgate Metal
Norgate Metal was created in 2004 by experts in the manufacture of metal structures and metalwork products. The company has two plants-one in Saint-Georges and the other in La Guadeloupe-and an annual production capacity of 20,000 tonnes. Its quality control system is certified by the American Institute of Steel Construction, and its products are manufactured according to specified procedures, overseen by qualified inspectors. Its welders are certified by the Canadian Welding Bureau and the American Welding Society. These certifications provide for consistent quality.
About Investissement Québec
Investissement Québec's mission is to foster the growth of investment in Québec, thereby contributing to economic development and job creation in every region. Since its founding, the Corporation has supported the implementation of investment projects totalling more than $58 billion and helped create close to 179,000 jobs.