Modernization Helps Edwardsville Company Add Capacity
News release
New technology keeps Supreme Tank Incorporated products competitive and profitable
May 3, 2018 – Edwardsville, NS – Atlantic Canada Opportunities Agency
Working with rural-based Atlantic Canadian businesses to modernize and expand operations plays an important role in diversifying the region’s economy. That is why the Government of Canada is investing $200,000 in Supreme Tank Incorporated to support the purchase of machinery and equipment aimed at automating its production processes and improving overall efficiency.
The investment was announced today by the Honourable Mark Eyking, Member of Parliament for Sydney-Victoria, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA).
This investment, through ACOA’s Business Development Program, will allow Supreme Tank to install equipment such as a conveyor system, an upgraded painting/drying system, and an automated pressure washer and sleever. Once completed, the project will position Supreme Tank to meet the increasing demand for its products.
This project builds on the Government of Canada and the four Atlantic Provinces’ commitment to drive economic growth in Atlantic Canada through the Atlantic Growth Strategy. The strategy involves targeted actions to support the scaling-up and modernization of rural-based businesses, which are key to Atlantic Canada’s economic diversification and growth.
Quotes
“Our government knows that business success in Atlantic Canada requires innovation, modernization and increased efficiency. The advancement of companies like Supreme Tank Incorporated is helping to grow the region’s economy and create more and better-paying jobs. Business innovation and productivity are key to a dynamic economy and a higher standard of living in Atlantic Canada.”
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“It’s great to see Supreme Tank Incorporated investing in our region to grow its business and hire more Cape Bretoners. Our government is proud to help this business by providing funding for its expansion.”
- The Honourable Mark Eyking, Member of Parliament for Sydney—Victoria
“This investment from ACOA will allow Supreme Tank Incorporated to increase capacity and remain competitive. It will also allow the company to add new products and service lines, which will be essential to its future success. We thank ACOA for recognizing the company’s potential and investing it is future growth.”
- Kenny Vickers, President, Supreme Tank Incorporated
Quick facts
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Supreme Tank Incorporated is the largest operator of propane tank refurbishment in Atlantic Canada.
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This project will help Supreme Tank to improve on the number of tanks that are processed daily, allowing the company to lower costs, increase capacity and explore other revenue streams.
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As a result of this investment, 35 full-time jobs will be maintained within the company.
Contacts
Alex Smith
Director of Communications and Outreach
Atlantic Canada Opportunities Agency
Phone: 902-426-9417 / 902-830-3839 (cell)
E-mail: alex.smith@canada.ca
Kenny Vickers
President
Supreme Tank Incorporated
Phone: 902-574-6780
Email: kenny.vickers@supremetank.com