New equipment and expansion fueling growth at Max Steel
News release
March 12, 2018– Clair, NB – Atlantic Canada Opportunities Agency
Supporting businesses in rural communities helps create opportunities for business growth and good paying jobs for the middle-class and those looking to join it. That’s why the Government of Canada and the Province of New Brunswick have supported Max Steel to help the company expand its existing operations, increase sales and create two new jobs.
René Arseneault, Member of Parliament for Madawaska-Restigouche, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), was joined by the Honourable Francine Landry, MLA for Madawaska Les Lacs-Edmundston, and François Bossé, General Manager of Max Steel, to make the announcement today.
Specifically, this investment has enabled the company to expand its base of operations, purchase new equipment and reconfigure the plant floor, all to allow for better work flow, improved employee safety and increased efficiency to support growing sales of specialized products for the manufacturing and forestry sectors.
The Government of Canada is providing a repayable contribution of $109,000 through ACOA’s Business Development Program. The Province of New Brunswick is also investing $109,000.
This project builds on the Government of Canada’s commitment to drive economic growth in Atlantic Canada through the Atlantic Growth Strategy, by providing strategic investments for projects that build on the region’s competitive advantages, including expertise in manufacturing and a skilled workforce.
Quotes
“The Government of Canada is committed to helping Atlantic Canadian businesses grow and innovate so that they can continue to create good quality jobs and generate wealth within their communities. Through ACOA, we are making strategic investments in companies like Max Steel to help them continue growing, innovating, and supporting the diversification of local economies.”
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“I am pleased that the Government of Canada, through ACOA can support Max Steel’s efforts to expand and grow its operation. This investment also means two new jobs in our community and will help advance our region’s reputation for providing innovative and specialized products to the forestry sector.”
- René Arseneault, Member of Parliament for Madawaska-Restigouche
“Your government is committed to making smart investments to help businesses succeed in every corner of New Brunswick. We are pleased to see long-time New Brunswick businesses like Max Steel continue to succeed and grow. These investments create and maintain good jobs, supporting New Brunswick workers and their families.”
- The Honourable Francine Landry, Minister of Economic Development and Minister responsible for Opportunities NB
“These investments have allowed us to complete an expansion of our factory and acquire additional production equipment, enabling us to optimize our services, and ensure the continued success of our enterprise. Today, the factory is 16,500 square feet and boasts new lifting equipment for up to 10 tonnes. This expansion means we are better equipped to respond to demand and facilitates the manufacture of various construction products. We are very appreciative.’’
- François Bossé, General Manager, Max Steel
Contacts
Jennifer Houle
Senior Communications Officer
Atlantic Canada Opportunities Agency
506-261-5534
Eric Lewis
Communications
Opportunities NB
506-866-6938
François Bossé
General Manager
Max Steel
506-992-3311