INVESTMENT OF $ 1M FOR TUBA'S EXPANSION

St-Pie-June 1, 2016, Despite the known hazards of the manufacturing sector, TUBA announces expansion of 60% therfore adding up 12,080 square feet to its production area. Taking advantage of increased demand from its customers, and always willing to support their growth, TUBA opens the machine and it is only the A phase of the operation with an initial investment of $ 1M. The Conference Board of Canada recently released its report, stating that "While many manufacturing industries are operating at full capacity, entrepreneurs are reluctant to invest" Tuba is certainly not part of these statistics.

​Guy Côté, President: "Since 2008, we are all aware that industrial subcontracting has suffered ups and downs, for all sorts of reasons, but our customers are loyal and as such, the actual work of a subcontractor is to support and especially anticipate the needs of its clients, what we do and they appreciate. To have a supplier who is ready for any eventuality, should a rapid growth of production happen is certainly an added value in our industry right now, and that is what we are ".

This expansion will increase its total area to 38,880 square feet and will be able to accommodate the new equipment recently purchased among others, cranes with a lifting capacity of 5 tons. The remodeled floor will also ensure greater fluidity to the production areas.

TUBA is a specialized manufacturer since 1993 in the metal fabricating and more specifically in the precision tube bending and assembly of welded parts, both for steel and aluminum. Tuba operates exclusively in the context of subcontracting for short and medium production runs.

"We are confident that this good news which will delight our existing customers and potential customers for who advanced technologies and respect for values ​​and timelines are a priority," concluded Guy Côté, President.