Canada Invests $3.5 Million in New Brunswick's MQM Quality Manufacturing to Modernize Amid Tariffs
The Government of Canada announced on November 3 in Tracadie-Sheila, New Brunswick, a federal investment of $3.5 million in MQM Quality Manufacturing Inc. to help the precision metal fabrication company modernize and expand its operations, lower costs and improve efficiency as it responds to tariff pressures. Member of Parliament Serge Cormier made the announcement on behalf of Sean Fraser, the minister responsible for the Atlantic Canada Opportunities Agency.
The agency said the funding supports two projects: $1 million through the Regional Tariff Response Initiative to buy new robotic manufacturing equipment that lowers operating costs and improves productivity, and $2.5 million through the Regional Economic Growth through Innovation program for a major facility expansion to improve material flow and workflow. The tariff initiative provides $3.45 billion over four years to help Canadian businesses affected by tariffs.
New Brunswick, through Opportunities NB, will provide up to $875,000 toward an automated steel production line. The province expects the project to generate nearly $5 million in GDP impact by the end of 2027 and support up to six new full-time positions. Company president Serge Thériault said the project will increase production capacity and operational efficiency while supporting skilled jobs in the community.
(Source: Atlantic Canada Opportunities Agency)
Source: Atlantic Canada Opportunities Agency
Published by GSM · USA (original Chinese edition)
Photo: 图：工厂金属加工焊接作业（Wikimedia Commons 开放授权） / Photo: Welding work in a metal fabrication plant (Wikimedia Commons, open licence)
