SAINT-LÉONARD-D'ASTON, QUEBEC--(Marketwire - Jan. 24, 2012) - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities and Minister of the Economic Development Agency of Canada for the Regions of Quebec, announces that Air 2000 has been granted financial assistance to reorganize its operations and set up a research and development centre.

"This is one more example of the Government of Canada's political determination to support enterprises that, like Air 2000, are investing in their productivity and are thereby helping create jobs," said Minister Lebel.

Air 2000 designs and manufactures ventilation equipment for the residential and commercial sectors. The company, a subsidiary of the French Aldès group since 2010, operates the corporation's only development and manufacturing centre in North America. Air 2000's project involves acquiring production equipment, installing manufacturing management software, outfitting its laboratory and hiring specialized engineers.

Information

This $450,000 repayable contribution has been granted through Canada Economic Development's Business and Regional Growth program.

For more on Air 2000, visit www.air2000.ca.

Keep up with the latest news from Canada Economic Development by visiting www.dec-ced.gc.ca or subscribing to @CanEconDev on Twitter.

Contact Information:

Lyne Montpellier
Communications
Canada Economic Development
819-371-5138 or 1-800-567-8637
lyne.montpellier@dec-ced.gc.ca

Pierre Florea
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development
514-496-1282
pierre.florea@tc.gc.ca