# Soucy Techno gets $12M government aid to raise rubber output 50% in Sherbrooke

Soucy Techno will increase its rubber production capacity by 50% and automate systems in Sherbrooke with $12 million from the governments of Canada and Quebec and Investissement Québec. The project will create 15 jobs by 2027 and keep 220 existing jobs.

- Type: Expansion
- Announced: 2023-01-11
- Where: Sherbrooke, Quebec, Canada
- Value: $8.90M (12.0M CAD)
- Jobs: 15
- Status: announced
- Capacity: rubber production capacity +50%
- Products: rubber tracks, hoses, gaskets, rubber compounds

## Companies

- [Soucy Techno](https://endata.com/companies/10121.md)
- [Soucy](https://endata.com/companies/10122.md) (partner)

## Sources

- [soucy-group.com](https://www.soucy-group.com/en/news/soucy-techno-has-been-awarded-12-million-in-financial-support-to-expand-its-activities), 2023-01-12: "Soucy Techno, our subsidiary located in Sherbrooke, will increase its rubber production capacity by 50% and incorporate advanced automation technologies into its systems."

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