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News - PRESS RELEASE

PRESS RELEASE
By cobra admin 7/31/2017 11:26 AM

Cobra Anchors Co. Ltd completes an $8.2 million investment in Montreal

 

MONTREAL, QC, Canada, July 26, 2017 – Cobra Anchors Co. Ltd, a privately held Quebec company of masonry and hollow wall anchors, headquartered in Montreal, announces the completion of its $8.2 million investment plan in the Anjou borough of Montreal. Along with the plant expansion of 29,000 sq.ft, now totaling 117,000 sq.ft, the investment includes the addition of new machinery, automation and robotics. “With this investment, we are very proud to ensure Cobra’s growth and competitiveness for years to come,” affirms Mr. Pierre R. McDuff, President and CEO of the company.