Jyco receives $6 million investment

ERJ staff report (RD)

Sherbrooke, Quebec – Jyco Sealing Technologies has qualified for a $6 million (Euro 4.7 million) loan from Investment Quebec as part of the agency’s $8 million Renfort Program, the company said 11 March.

Jyco said it would use the funds to preserve and create jobs at its manufacturing plant in Sherbrooke, Quebec.

“We are delighted by Quebec’s quick action, and proud of the confidence they have shown in our future,” commented Sam Jyawook, Jyco’s founder and chief executive officer….

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