30 May 2016
Inter Fonction Invests More Than $800,000 to Support Its Growth
Inter Fonction is lining up growth projects—with new owners and a new building, the aluminum and glass door manufacturer is ready to invest more than $800 000 in new equipment.
Johanne Tousignant, President, Denis Paradis, Deputy of Brome-Missisquoi and Ian Tardif, V.-P. opérations, recherche et développement
This Sherbrooke business has acquired a tempering furnace from Italy, as well as handling, preparation, and lifting devices that will increase its productivity.
In 2016, this new equipment will be installed at 175 Oleg-Stanek Street, where Inter Fonction will relocate its operations in May 2017.
The business received financial support from both Canada Economic Development for Quebec Regions and Investissement Québec, who respectively granted a $300 000 repayable contribution and a $450 000 loan.
Inter Fonction also benefitted from Sherbrooke Innopole’s support. “The growth projects announced today by Inter Fonction are evidence of two successes—which are clearly still coming to fruition—an iconic Sherbrooke manufacturer has succeeded in the crucial step of ownership transfer while pursuing an innovative approach to remain at the forefront of the technology and trends in a highly competitive sector,” stated Josée Fortin, Director General of Sherbrooke Innopole. “We are proud to support this team in its transition process, and in its relocation.”
Founded in 1990, Inter Fonction, which markets its products under the brand name Kadrium Design, manufactures high-end aluminum and glass doors and storing systems. Johanne Tousignant, Sébastien Fournier, and Ian Tardif took the helm in 2014.
Source : Inter Fonction
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