Urecon Ltée

BDC was able to assist this St Lazare company, which specializes in pipe insulation, with the construction of a new plant in Coteau Du Lac, Quebec and the expansion of its facilities in Calmar, Alberta, by working with all financial partners.

Already involved in financing the new plant, BDC used its business partnerships to enable the company to also receive support from Investissement Québec and from a private sector financial institution. This assistance enabled Urecon to obtain the funding it required to cover the costs of the Coteau Du Lac facilities, the expansion work at Calmar, and the purchase of equipment for both sites. As a result of the collaboration among its financial partners, Urecon is now able to continue growing in its chosen communities.