# Canadian government invests $1.6M in Menzies Metal Products and Reliable Tube

The Government of Canada announced over $1.6 million in funding for two steel and aluminum companies in British Columbia: $663,921 for Menzies Metal Products to purchase equipment and adopt lean management, and $1 million for Reliable Tube Inc. to upgrade manufacturing capacity with a tube laser-cutting machine.

- Type: Investment
- Announced: 2019-07-25
- Where: Surrey, British Columbia, Canada
- Value: $1.20M (1.60M CAD)
- Status: announced
- Products: metal products, tube products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Menzies Metal Products](https://endata.com/companies/40893.md)
- [Reliable Tube](https://endata.com/companies/40894.md)
- [Government of Canada](https://endata.com/companies/1351.md) (investor)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/two-companies-in-british-columbia-s-steel-and-aluminum-sector-scale-up-and-innovate-thanks-to-government-of-canada-investment-850076160.html), 2019-07-25: "Our investments to support small- and medium-sized producers and users of steel and aluminum will help these businesses innovate to drive productivity, scale up, and expand into new markets to create good middle-class jobs."

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