# Plastiques Gagnon receives CAD 9.87M in loans for expansion and automation

Plastiques Gagnon received CAD 9,870,000 in loans from the Quebec government and Investissement Québec to expand and automate its facilities in Chaudière-Appalaches, including acquiring a warehouse in Saint-Jean-Port-Joli and building a new plant in Lévis. Work in Saint-Jean-Port-Joli is complete; Lévis expansion is starting.

- Type: Expansion
- Announced: 2023-11-24
- Where: Saint-Jean-Port-Joli and Lévis, Quebec, Canada, Canada
- Value: $7.30M (9.87M CAD)
- Status: under construction
- Products: injection-molded plastic products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Plastiques Gagnon Inc.](https://endata.com/companies/54062.md)
- [Investissement Québec](https://endata.com/companies/1515.md) (investor)

## Sources

- [quebec.ca](https://www.quebec.ca/nouvelles/actualites/details/accroitre-la-productivite-des-entreprises-grace-a-lautomatisation-pres-de-10-m-a-lentreprise-plastiques-gagnon-pour-agrandir-et-automatiser-ses-installations-52397), 2023-11-24: "Le gouvernement du Québec et Investissement Québec accordent des prêts totalisant 9 870 000 $ à l’entreprise Plastiques Gagnon pour l’agrandissement de ses installations."

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