Dartmouth-based Ace Machining Limited acquires new automation equipment for productivity, growth
March 6, 2019 – Dartmouth, NS – Atlantic Canada Opportunities Agency
Helping companies embrace advanced machining technology and automation will ensure a prosperous economy that generates growth, creates good middle-class jobs and strengthens the country’s competitive edge. Ace Machining Limited is expanding its production capacity with new automated equipment that will improve operations and reduce the company’s downtime.
With support from the Government of Canada, Ace Machining will purchase Computer Numerical Controlled (CNC) equipment to boost the company’s ability to serve the growing needs of its customers, as well as attract new clients in Western Canada and the United States. This will help the company improve efficiency, productivity and will lead to reduced costs, new markets and four more full-time jobs for Atlantic Canadians.
Darren Fisher, Member of Parliament for Dartmouth–Cole Harbour, announced federal support for this project on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA).
Economic growth and the creation of good jobs for Atlantic Canadians require innovation and diversification. Support for this project is one way the Government of Canada is working to support businesses to scale-up, increase productivity and participate in the innovation economy. This investment contributes to the outcomes of the Atlantic Growth Strategy, like the regions strong export potential and long-term economic prosperity.
“Our government recognizes that supporting advanced manufacturing methods makes good business sense. They help drive business growth, boost exports and create highly skilled jobs, making our communities, and our country, stronger. With the right technologies in place – robotics, additive manufacturing and big data analytics – Atlantic Canadian manufacturers can spur innovation and significantly improve their operations.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“Due to their hard work, Dartmouth’s Ace Machining is ready to scale up their company, and our government’s support will help them increase their production capacity and improve productivity. The Government of Canada is working with industry leaders to scale-up the most promising companies, like Ace Machining, to secure the country’s future economic growth, pave the way for new innovations and provide good middle-class jobs for Canadians. “
– Darren Fisher, Member of Parliament for Dartmouth – Cole Harbour
“The acquisition of advanced manufacturing equipment will allow our facility to meet current and future customer demands while improving the efficiency of overall operations by allowing us to take advantage of new technology in the machining industry. It is an important growth opportunity for the company and we are looking forward to continuing our work in the industrial manufacturing sector.”
– Ron Wallace, President and CEO, Ace Machining Limited
The Government of Canada invested $250,000 in this project through the Regional Economic Growth through Innovation (REGI) program.
The Business Scale-up and Productivity stream of the REGI program supports businesses at various stages of development, including high-growth firms, to accelerate their growth, help them scale up and enhance their productivity and competitiveness in both domestic and global markets.
The REGI program continues to build on the objectives of the government’s Innovation and Skills Plan.