Montréal, February 5, 2007 – The Solidarity Fund QFL (the “Fund”) is helping boost the manufacturing sector’s vitality by investing $2 million in Les Meubles Poitras inc., a Québec manufacturer of contemporary ash furniture for the residential market.
With the Fund’s investment, the company will be able to finance part of its growth by increasing sales over the next two years.
“While furniture manufacturers face many challenges, Les Meubles Poitras inc. has enjoyed success over the years thanks to its quality products, niche positioning and competitive pricing. We are proud of this partnership and will make our specialized teams available to help this company with its growth initiatives,” stated Gaétan Morin, Executive Vice-President, Investments, Solidarity Fund QFL.
About the Solidarity Fund QFLWith assets of over $6.8 billion, the Solidarity Fund QFL is a development capital fund that through its RRSP channels the savings of Quebecers into investments in all sectors of the economy to help create and maintain jobs and contribute to Québec’s economic development. The organization is a partner, either directly or through its network members, in 1,681 companies. The Fund currently has close to 570,000 shareholders and has helped, on its own or with other financial partners, create, maintain and support over 116,000 jobs. For more information, visit
www.fondsftq.com- 30 -
Information (
The telephone number below is intended solely for journalists and other members of the media)
Source: Josée Lagacé
Senior Advisor, Press Relations and Communications
Solidarity Fund QFL
Telephone: 514 850-4835
Email: jlagace@fondsftq.com