Asbestos

Benefits

• Industrial park clearly delineated with a critical mass of companies and jobs. We can also note an industrial synergy between seven (7) companies in the metal processing industry;
• 25% of all industrial jobs are grouped in three (3) food processing companies;
• Rental program with a purchase option;
• Well-served and prepared lands (public service);
• Mobilization around economical development (City, RCM, CFDC);
• Public or local recreation services (hospital, CLSC, arena, golf club, etc.);
• Attractive cost of living;
• Sustainable development positioning (Agenda 21);
• Agricultural zone development (PDZA).

Opportunities

• Funding available for economic diversification;
• Investment projects for established companies;
• Emergence of new businesses;
• Attraction of new investments (K.A.B.S Laboratories);
• Review of the RCM’s land use planning;
• Alternative uses for mining heritage;
• Rising demand for specialty foods;
• Emergence of regional networking intensifications;
• Sustained demand for specialized metal products;
• Clean technologies;
• Industrial technology development.

Industrial building purchase or construction program

• The City’s development corporation covers the building’s purchase or construction costs depending on the investor’s needs, who will then lease the building based on the required monthly payments
• The investor allocates all of its capital for production equipment as well as working capital
• Once the 7-year lease is completed, the company may redeem the building according the remaining mortgage balance or renew the lease

Property tax exemptions for the construction of a brand new building

• 1^st year: 100%
• 2^nd year: 75%
• 3^rd year: 50%
• 4^th year: 25%

For further details: www.corpoasbestos.com