# Soucy Caoutchouc receives $5M to expand rubber track production

Soucy Caoutchouc in Drummondville has received $5 million in funding from Canada Economic Development for Quebec Regions to significantly increase its production of rubber tracks and track systems. The investment will be used to purchase production equipment such as circular presses and extrusion equipment.

- Type: Expansion
- Announced: 2024-02-02
- Where: Drummondville, Quebec, Canada
- Value: $3.70M (5.00M CAD)
- Status: announced
- Products: rubber tracks, track systems
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Soucy Caoutchouc](https://endata.com/companies/75465.md)

## Sources

- [soucy-group.com](https://www.soucy-group.com/en/news/soucy-caoutchouc-has-received-5-million-in-financial-support-to-expand-its-operations), 2024-02-05: "Soucy Caoutchouc in Drummondville has received $5 million in funding from Canada Economic Development for Quebec Regions."

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