New Technology to Build Capacity and Stimulate Growth for Al-Pack Enterprises Ltd.
News release
July 16, 2018 – Moncton, N.B. – Atlantic Canada Opportunities Agency
Helping Atlantic Canadian businesses succeed in the global market is a priority for the Government of Canada and is key to raising incomes, generating growth and strengthening the middle class and those working hard to join it. Thanks to a federal and provincial government investment totaling $360,000, Al-Pack Enterprises Ltd. will be able to increase its production capacity and access new markets.
The Honourable Ginette Petitpas Taylor, Minister of Health and Member of Parliament for Moncton-Riverview-Dieppe, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), along with the Honourable Cathy Rogers, New Brunswick Minister of Finance, on behalf of the Honourable Francine Landry, Minister of Economic Development and Minister responsible for Opportunities NB, joined officials from Al-Pack Enterprises Ltd. to make the announcement today.
These investments will enable Al-Pack Enterprises Ltd. to purchase equipment for two new bagging lines thereby increasing production capacity and efficiency, as well as enable the company to access new markets by adding retail bag making capabilities.
The Government of Canada is providing a $160,000 repayable contribution through ACOA’s Business Development Program for this project, while the Government of New Brunswick, through Opportunities New Brunswick, is investing $200,000 for the new equipment as well as infrastructure expansion at the facility.
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 innovative projects that build on the region’s competitive advantages, such as its strong export potential, growing manufacturing sector, and skilled workforce.
Quotes
“The Government of Canada is committed to helping Canadian businesses grow, innovate and participate in the global economy so that they can create good quality jobs and generate wealth for Canadians. Through ACOA, we are making strategic investments in companies such as Al-Pack Enterprises Ltd. so they can better respond to changing markets, create jobs and continue to remain competitive here in Canada and on the world stage.”
- 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 helping Al-Pack Enterprises Ltd. get the technology it needs to expand their operations. This investment in new equipment will help the company meet growing demand and increase their market exposure, which will ultimately be of benefit to our entire region.”
- The Honourable Ginette Petitpas Taylor, Minister of Health and Member of Parliament for Moncton-Riverview-Dieppe
“Supporting New Brunswick businesses as they grow, reinvest in our province and create jobs is important to your government’s multi-year economic growth plan. I am pleased to see Al-Pack continue to grow and succeed right here in New Brunswick.”
- The Honorable Cathy Rogers, New Brunswick Minister of Finance, on behalf of the Honourable Francine Landry, Minister of Economic Development and Minister responsible for Opportunities NB
“Al-Pack has entered into a tremendous period of growth, and this expansion will enable us to continue to succeed. We appreciate the support and partnership of the federal and provincial governments as we continue to reinvest in our business here in New Brunswick.”
- Louis LeBlanc, President, Al-Pack Enterprises Ltd.
Contacts
Dominique Bouchard
Communications Officer
Atlantic Canada Opportunities Agency
506-292-7524
Jeff Hull
Communications Specialist
Opportunities NB
506-453-8694
Louis LeBlanc
President
Al-Pack Enterprises Ltd.
506-852-4262