Magnum acquires facility in Canada
Magnum D’Or Resources, Inc. announced that they have
executed a lease with the option to purchase a 98,000
sq. ft. facility in Magog, Quebec, Canada.
The facility is comprised of a 98,000+ sq. ft. mixed-use
building located on approximately 10 acres of land in
Magog, Canada. Magnum will also produce ultra fine rubber
powders, EPDM powders, EPDM compounds, thermoplastics,
and thermoplastics elastomers at the plant.
Magnum has received substantial support in its efforts
in locating the facility in Magog from the Royal Bank
of Canada, as well as the Local, Federal, and Provincial
Magnum is currently in negotiations for funding that
includes grants, project funding, and financial assistance
offered by the Ville de Magog and other government programs
offered by both the Quebec and Canadian governments.