# Fonds de solidarité FTQ invests $5M in Belt-Tech Products

The Fonds de solidarité FTQ announced a $5 million investment in Belt-Tech Products Inc., a Granby-based manufacturer of seat belt webbing. The funds will be used for equipment purchase, working capital, plant automation and productivity improvements. The investment was announced on July 6, 2018.

- Type: Investment
- Announced: 2018-07-06
- Where: Granby, Quebec, Canada
- Value: $3.80M (5.00M CAD)
- Status: announced
- Products: seat belt webbing
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Belt-Tech Products](https://endata.com/companies/32968.md)
- [Fonds de solidarité FTQ](https://endata.com/companies/323.md) (investor)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/fonds-de-solidarite-ftq-invests-5-million-in-granby-based-belt-tech-products-687481851.html), 2018-07-06: "The Fonds de solidarité FTQ and the Fonds régionaux de solidarité FTQ – Estrie today announced a $5 million investment in Belt-Tech Products Inc."

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