MPIQC is a forward-thinking electronic manufacturing company that produces high quality circuit boards for their clients. In order to stay competitive, MPIQC required an upgrade of some of their manufacturing equipment. Their main production line was being affected by regular equipment breakdown and the antiquated equipment, by today’s standard, was not allowing for fast tooling turnaround.
A loan from the Eastern Ontario CFDC Network along with an investment from the Ventures Capital Fund allowed the business to purchase new manufacturing equipment. These investments have allowed MPIQC to grow and remain competitive. MPIQ’s new innovative equipment will enable them to increase efficiency, productivity and customer satisfaction.
This investment will assist MPIQC in becoming a leader in electronic manufacturing and compete at a global level. The project created 15 new jobs and maintained over 55 existing positions.