FTQ and Investissement Quebec completed the acquisition of a majority stake in CIF Metal.

Fonds de solidarite FTQ, a capital development fund, and Investissement Quebec, a financing corporation, completed the acquisition of a majority stake in CIF Metal, a provider of aluminium casting. Financial terms were not disclosed. "Investissement Québec is proud to play a role in helping to keep right here in Québec – and reinforce - a company that is a North American leader in aluminium casting, and that is known for its expertise and quality parts. This investment attests to the commitment and ability of Investissement Québec to support local strategic companies and create wealth in all regions of Québec," Guy LeBlanc, Investissement Québec President and CEO.