QFL - Solidarity Fund of Quebec Workers

01/19/2023 | Press release | Distributed by Public on 01/19/2023 09:39

The Fonds régionaux de solidarité FTQ - Montérégie Invests in SOSLocation.ca

The Fonds régionaux de solidarité FTQ - Montérégie Invests in SOSLocation.ca

Longueuil, January 19, 2023 - The Fonds régionaux de solidarité FTQ - Montérégie has granted a loan to SOSLocation.ca to support its efforts to grow in Canada.

"The Fonds régionaux de solidarité FTQ - Montérégie is showing its confidence in our company with this investment, which will guarantee our growth as a distributor of specialized lifting equipment in Canada. We thank them for supporting our team and our projects," said Philip Lavigne, president of SOSLocation.ca.

Located in Longueuil, SOSLocation.ca specializes in the sale and rental of lifting and handling equipment. Offering personalized customer service and a hands-on approach, the company delivers innovative solutions by integrating the most practical equipment on the market, including cranes, crawler lifts, glass lifting equipment and many other solutions for industrial and construction environments.

"We are convinced that this loan will allow the company to achieve its goals by replicating their business model across the country. By encouraging the company's growth, the entire Montérégie region will benefit," said Johanne Pilon, Regional Vice-President, Fonds régionaux de solidarité FTQ - Montérégie.

About SOSLocation.ca

Founded 15 years ago, SOSLocation.ca specializes in the rental and sale of lifting and handling equipment. The company has close to 30 employees, mainly located in the greater Montréal area and on the South Shore. SOS Location represents several European and American manufacturers. The company recently began assembling boom trucks for distribution in Canada. It also offers its inventory through a network of service centres in Québec's regions and major cities, as well as in Labrador and Newfoundland, and is looking to develop the Maritimes region.

About the Fonds régionaux de solidarité FTQ

A part of the Fonds de solidarité FTQ network, the Fonds régionaux de solidarité FTQ help further regional economic development in Québec by channelling the savings of 734,595 Quebecers into local investments. The Fonds régionaux have invested $1.34 billion in nearly 1,600 companies since their inception in 1996, supporting some 55,500 jobs.

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