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Granby's two textile firms get fund under Canadian Textiles Program
02 May '07
3 min read
The Honourable Jean-Pierre Blackburn, Minister of Labour and Minister of Canada Economic Development, announced recently the awarding of $2,879,150 in total funding to two Granby-based special textile manufacturers under the Canadian Textiles Program.
A first repayable contribution of $1,190,800 will go to Stedfast Inc., a firm specializing in the production of special fabrics for use in the manufacture of, among other things, protective wear (e.g. firefighters' gear), military items (e.g. heat-sealable tents), hospital supplies (e.g. absorbent fabrics for operating room use) and industrial products (e.g. waterproof aprons for fishery workers).
"Since setting up its research and development division in 1988, Stedfast has proven that Quebec manufacturers, especially those operating in the textile sector, can make the leap from traditional to high value-added products and stand up to foreign competition. This support from Canada's new government will help Stedfast continue along this path and thrive on the North American and South American markets, among others," stated Minister Blackburn.
The Stedfast factory in Granby will use this funding to purchase new manufacturing equipment, reconfigure its facilities, implement a Material Requirements Planning (MRP) system, put a new marketing strategy into force and develop a variety of employee training tools.
Once completed, the Stedfast project will result in the consolidation of the 90 permanent jobs currently in existence at the Granby plant as well as the creation of 14 new positions.
A first repayable contribution of $1,190,800 will go to Stedfast Inc., a firm specializing in the production of special fabrics for use in the manufacture of, among other things, protective wear (e.g. firefighters' gear), military items (e.g. heat-sealable tents), hospital supplies (e.g. absorbent fabrics for operating room use) and industrial products (e.g. waterproof aprons for fishery workers).
"Since setting up its research and development division in 1988, Stedfast has proven that Quebec manufacturers, especially those operating in the textile sector, can make the leap from traditional to high value-added products and stand up to foreign competition. This support from Canada's new government will help Stedfast continue along this path and thrive on the North American and South American markets, among others," stated Minister Blackburn.
The Stedfast factory in Granby will use this funding to purchase new manufacturing equipment, reconfigure its facilities, implement a Material Requirements Planning (MRP) system, put a new marketing strategy into force and develop a variety of employee training tools.
Once completed, the Stedfast project will result in the consolidation of the 90 permanent jobs currently in existence at the Granby plant as well as the creation of 14 new positions.
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