# Government of Canada invests $250,000 in FilSpec for automation

The Government of Canada, through CED, provided a $250,000 repayable contribution to FilSpec to acquire automated equipment (doubler, twister, variable drives) to improve productivity and production capacity at its Sherbrooke facility.

- Type: Investment
- Announced: 2024-02-19
- Where: Sherbrooke, Quebec, Canada
- Value: $185K (250K CAD)
- Status: announced
- Products: high-performance technical yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [FilSpec](https://endata.com/companies/66519.md)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/government-of-canada-invests-in-improved-productivity-and-production-capacity-at-filspec-829794906.html), 2024-02-19: "CED's support will enable the business to acquire and install automated equipment, including a doubler, a twister, and variable drives for its current twisters."

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