Granby's two textile firms get fund under Canadian Textiles Program

02 May '07

3 min read

Produits Belt-Tech, for its part, will receive $1,688,350 in total funding for four projects aimed at strengthening the firm's position as a leader in the design and manufacture of nylon and polyester belts used, most notably, in the production of car seat belts, webbing for air bags, straps for cargo nets used in military air drop operations and webbing for safety harnesses.

This funding consists of four separate contributions, including two repayable amounts of $750,000 and $738,350, respectively, for the acquisition of a fabric dyeing machine and the implementation of a lean production cell.

In addition, the firm will receive two non-repayable contributions of $100,000 each to conduct a study on its processing times and business costs and to adopt and implement a Kaizen continuous improvement strategy.

"Belt-Tech looks to be in a good position to capitalize on the growth of the auto safety market. Its ISO/TS 16949-2002 certification, an undeniable competitive asset, has already allowed the company to secure a 12% share of the North American safety belt market. This funding from Canada's new government will help Belt-Tech strengthen its productivity, improve the quality of its products and become the key supplier for car manufacturers, particularly in Japan. This support will also help consolidate the 127 jobs already in existence and create 13 new positions within the enterprise," Minister Blackburn concluded.

The CTT Group

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