Government Support Helps Enflo Canada Increase Productivity and Create Jobs
News release
July 24, 2018– Grand Falls, 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. The governments of Canada and New Brunswick today announced more than $179,000 in assistance to help Enflo Canada Ltd. acquire specialized equipment to increase their production capacity.
TJ Harvey, Member of Parliament for Tobique-Mactaquac, 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 Chuck Chiasson, MLA for Victoria-La Vallée, and Marc Lamoureaux, President of Enflo Canada Ltd., to make the announcement today.
This investment will enable the company to increase production of their industrial polytetrafluoroethylene (PTFE) products by 35 percent and thereby remain competitive in the global marketplace. This increased production will create a minimum of four new full-time jobs.
The Government of Canada is providing a repayable contribution of $90,000 through ACOA’s Business Development Program. The Province of New Brunswick is investing $89,375.
This project builds on the Government of Canada’s commitment to drive economic growth in Atlantic Canada through the Atlantic Growth Strategy, by supporting economic development in rural communities through investments in growth, expansion and innovation.
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 Enflo Canada Ltd., so they can continue to expand, innovate, and support 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, is supporting Enflo’s efforts to increase their production capacity and thereby compete successfully in the global marketplace with increased exports and sales. This investment will create at least four new jobs in our community and will benefit economic development throughout the region.”
- TJ Harvey, Member of Parliament for Tobique-Mactaquac
“Growing the economy and creating jobs has been the focus of our government for each of the last four years. By implementing the New Brunswick Economic Growth Plan, and by making smart, strategic investments to grow exports at companies like Enflo, we are getting things done on behalf of this province’s working families.”
- Chuck Chiasson, MLA for Victoria-La Vallée
“Enflo has been manufacturing PTFE products in Grand Falls for 45 years. With the generous assistance provided by ACOA and ONB, Enflo is combining state-of-the-art technology with many years of technical know-how to greatly improve its extrusion production line capabilities. By providing custom solutions, this new technology will give Enflo a significant competitive edge across the markets it serves, open up new markets, improve quality and reduce waste.’’
- Marc Lamoureaux, President, Enflo Canada Ltd.
Contacts
Jennifer Houle
Senior Communications Officer
Atlantic Canada Opportunities Agency
506-261-5534
Jeff Hull
Communications
Opportunities NB
506-453-8694
Marc Lamoureaux
President
Enflo Canada Ltd.
506-473-3711
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