McDonald delivers ACOA cash to firms in Cape Broyle, CBS and Harbour Grace
Avalon MP Ken McDonald was in Cape Broyle Tuesday to splash around some ACOA money for a company there as well as businesses in Harbour Grace and Conception Bay South.
The Liberal MP announced that PD Industries Limited, headed by president Paul Dalton, is getting $600,000 to buy a “fuel-efficient” tugboat to provide services at St. John’s harbour and other harbours on the Avalon peninsula.
Harbour Grace Ocean Industries Limited is getting $473,500 to upgrade its equipment in order to improve its productivity and serve customers in the aquaculture industry.
And Bursey Manufacturing of CBS is getting $140,000 to buy digital technology, including a computer-controlled press brake, to be used in the manufacturing of steel tanks.
The Atlantic Canada Opportunities Agency is designating all three contributions as “repayable,” which essentially means they are loans.
McDonald said the three infusions of money, for a total of more than $1.2 million, will create 13 jobs.
“Over the past two years, our local businesses have had to adjust how they operate to respond
to the challenges created by the pandemic,” said McDonald. “Supporting resourceful companies like PD Industries, Harbour Grace Ocean Enterprises and Bursey Manufacturing will help them pursue new
opportunities, increase productivity and create jobs here in this region.”
PD Industries Limited, located in Cape Broyle, is a family-owned marine service business that
provides rescue towing, anchor handling, barge towing, vessel towing, and other services.
Harbour Grace Ocean Enterprises Limited repairs and refits vessels, and also provides construction services for the fishing industry, tug and barge companies and the offshore oil sector.
Bursey Manufacturing Inc., of Long Pond, makes residential and industrial septic and oil tanks, as well as environmental double wall and waste oil tanks. The company also provides welding, sandblasting, industrial painting and plasma table cutting services to the oil industry, plumbing and heating retailers,
and industrial businesses.