|WHO||Sound Control Engineering Company|
|HOME BASE||Toronto, Ontario|
|JOBS MAINTAINED||12 FTE|
|JOBS CREATED||87 FTE|
An engineering company dedicated to providing creative solutions to structural, vibration, and sound control problems using recycled materials. The products are made with up to 94% recycled rubber. Using elastomer technology and intellectual property, high performance solutions are researched, developed and deployed globally in medium and large scale multi-residential and commercial construction projects.
The company required capital to expand existing business operations, and develop a manufacturing facility for processing recycled rubber for distribution.
"This funding has helped to position Pliteq for the increased growth we are seeing in both the North American and international markets. The support of the Federal Government allows us to continue scaling up our engineering and new recycling and manufacturing operations in Southern Ontario,” said Pliteq CEO Paul Downey. “We would like to thank the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) and the SOFII Program who were instrumental in providing Pliteq with an effective financing option that we were able to tailor to our unique needs."