# Annexair receives C$3M CED repayable contribution for new 300,000 sq ft Quebec factory

Canada Economic Development for Quebec Regions will provide a C$3 million repayable contribution to ventilation maker Annexair to move its manufacturing into a new ultra-modern 300,000-square-foot factory in Saint-Germain-de-Grantham, Quebec. The funding targets digital equipment for an Industry 4.0 production concept and biocomposite casings.

- Type: Investment
- Announced: 2019-12-19
- Where: Saint-Germain-de-Grantham, Quebec, Canada
- Value: $2.27M (3.00M CAD)
- Status: announced
- Products: energy-efficient ventilation units, biocomposite casings
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Annexair](https://endata.com/companies/5925.md)
- [Canada Economic Development for Quebec Regions](https://endata.com/companies/4025.md) (investor)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/attractive-high-quality-jobs-for-innovative-business-annexair-government-of-canada-grants-3m-in-financial-support-to-centre-du-quebec-business-846912635.html), 2019-12-19: "Annexair will receive a repayable contribution of $3 million from CED."

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