“We needed the Fonds de solidarité FTQ when TeraXion’s management wanted to buy back the company, which would have otherwise become majority-owned by foreign interests. Without the support from the Fonds, among others, TeraXion would probably not be in Québec anymore. The Fonds was a kind of catalyst, and since January 2010, not only have we remained in Québec, but we have also doubled our sales. And we want to keep growing!”
- ALAIN-JACQUES SIMARD, CEO of TeraXion, a company specialized in manufacturing communication system components. With 160 employees, it is one of the most profitable companies in its industry.