Investissement Québec completed an $27m investment in Machitech.

Investissement Québec, a financing corporation, completed an $27m investment in Machitech, a industrial cutting solutions provider. "Investment Québec is pleased to play a structuring role in this growth project, which ensures the maintenance of Quebec ownership of a leader in the manufacturing sector, a critical sector for strong and sustainable economic development in all regions of Quebec. Our experts dedicated to support and financing will continue to support Mr. Giguère and his team in their growth projects in the Capitale-Nationale and for the development of new international markets," Guy LeBlanc, Investissement Québec President and CEO.