# Moteurs Électriques Laval receives $1.175M for coil manufacturing

Canada Economic Development provided a repayable contribution of $1,175,000 to Moteurs Électriques Laval (MEL) to support the large-scale manufacture and repair of high-tension motor coils and generators. The funding will be used for acquiring and installing production equipment.

- Type: Investment
- Announced: 2026-08-21
- Where: Saguenay, Quebec, Canada
- Value: $875K (1.18M CAD)
- Status: announced
- Products: high-tension motor coils, generators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Moteurs Électriques Laval](https://endata.com/companies/93777.md)
- [Canada Economic Development for Quebec Regions](https://endata.com/companies/4025.md) (investor)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/government-of-canada-supports-moteurs-electriques-laval-s-growth-862479267.html), 2026-08-21: "This CED funding will enable the SME to pursue its growth."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.