National Revenue Minister Keith Ashfield today announced $300,000 in funding for Dynamic Air Shelters of Grand Bank to help the company undertake further research and development, engineering and marketing initiatives.
Ashfield, who is also the minister for the Atlantic Canada Opportunities Agency, said the money will help the company implement a new market development strategy and improve its blast resistant shelter.
"By supporting research, development and innovation we enhance the competitiveness of Atlantic Canadian companies in the global marketplace," Ashfield said.
Dynamic Air Shelters manufactures air inflatable structures for four distinct markets - the oil and gas industry, the construction industry, the promotional sector, and emergency and first responder operations. Their products have been used around the world, including the recent emergency response activities in Haiti.
"Our company will be finishing our frag curtain R&D which has the potential to open up the military market to us," said company president Harold Warner.
"We will also complete the design and engineering of our testing facility that will allow us to do quality control testing on site and indoors. We will also use this opportunity to implement a new market development strategy, focused on developing opportunities in the military market."
The structures are manufactured in the company's plant in Grand Bank. The company, which has more than 80 employees, is expected to increase its workforce to 130 at peak times once the project is completed.
Dynamic Air Shelters to increase production with federal government support
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Published on
June 21, 2010
- Published on June 30, 2010
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Staff ~ The Telegram
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Comments
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- Neil
- - July 2, 2010 at 15:01:54
Excellent news for the boot. Great to see jobs being created in that area. The best place on the island....
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- rob
- - July 2, 2010 at 14:49:36
It's nice to see the provincal and the federal supporting this company.Just wondering whats the total of tax payers dollars have gone into this company and is it holding up to the expectations of the community????
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- Neil
- - July 1, 2010 at 21:50:33
Excellent news for the boot. Great to see jobs being created in that area. The best place on the island....
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- rob
- - July 1, 2010 at 21:31:44
It's nice to see the provincal and the federal supporting this company.Just wondering whats the total of tax payers dollars have gone into this company and is it holding up to the expectations of the community????
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