# Canada backs OXO Fab industrial valve venture in Saguenay with repayable aid

The Canadian government's Canada Economic Development for Quebec Regions announced a CAD 568,220 repayable contribution toward OXO Fab's CAD 2,125,217 project to launch industrial valve manufacturing in Saguenay.

- Type: Investment
- Announced: 2018-10-12
- Where: Saguenay, Quebec, Canada
- Value: $1.64M (2.13M CAD)
- Status: announced
- Products: industrial valves, vacuum valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [OXO Fab](https://endata.com/companies/4024.md)
- [Canada Economic Development for Quebec Regions](https://endata.com/companies/4025.md) (investor)

## Sources

- [canada.ca](https://www.canada.ca/fr/developpement-economique-regions-quebec/nouvelles/2018/10/document-dinformation-le-gouvernement-du-canada-soutient-les-projets-de-scp-89-et-oxo-fab.html), 2018-10-12: "OXO Fab. se spécialise dans la conception, le développement et la fabrication de valves industrielles"
- [newswire.ca](https://www.newswire.ca/news-releases/almost-700000-to-support-the-expansion-and-enhance-the-productivity-of-two-saguenay-businesses-697207911.html), 2018-10-12: "OXO Fab. se specialises in the design, development and manufacture of industrial valves."
- [newswire.ca](https://www.newswire.ca/news-releases/pres-de-700-000--pour-appuyer-lexpansion-et-ameliorer-la-productivite-de-deux-entreprises-de-saguenay-697207891.html), 2018-10-12: "OXO Fab. se spécialise dans la conception, le développement et la fabrication de valves industrielles"

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