July 22, 2019 – Hantsport, NS – Atlantic Canada Opportunities Agency
Investing in advanced manufacturing processes for small-to-medium sized enterprises (SMEs) in Atlantic Canada supports the creation of jobs in rural areas and economic growth. It also helps businesses improve productivity and keep up with international standards. To this end, the Government of Canada is supporting Morse Machining with a project to buy a new Computer Numerical Control (CNC) milling machine, expand its existing shop and hire new staff.
The expansion and new machinery will enable Morse Machining to meet growing demand for its services and increase the number of projects it can take on. It will also improve the company’s overall operations and reduce downtime, which will allow the company to increase its manufacturing productivity and secure new work with its existing customers.
Today, the Honourable Bernadette Jordan, Minister of Rural Economic Development and Member of Parliament for South Shore-St. Margarets announced funds for the Morse Machining project. The announcement was made 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 help businesses scale-up, increase productivity and participate in the innovation economy. Projects like this also contribute to the Atlantic Growth Strategy outcome of long-term economic prosperity in the region.
“Through the Atlantic Growth Strategy, we are building on Atlantic Canada’s competitive advantages, such as its strong export potential, its growing innovation ecosystem and its skilled workforce. The Government of Canada is proud to foster greater business innovation by encouraging the scaling up of small firms like Morse Machining.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for ACOA
“Growing and maintaining good jobs in and around rural communities is crucial to Atlantic Canada’s economic success. I am pleased that our government is helping SMEs such as Morse Machining grow and capitalize on opportunities to expand creates economic opportunity and an improved quality of life for rural Canadians.”
– The Honourable Bernadette Jordan, Minister of Rural Economic Development and Member of Parliament for South Shore -St. Margarets
“This project is giving us the opportunity to leverage other resources and greatly expand our business. Bringing in this new machine will open up new opportunities with existing clients and the new building will bring us more capacity for welding and truck repair. We will be able to hire two new staff immediately and hopefully several more in the near future.”
– Tim Morse, President, Morse Machining
- Morse Machining offers millwright and machining services, does repair work and makes new parts for machines for local manufacturing companies.
- This project will enable the company to hire two new full-time employees and maintain ten other positions
- The Government of Canada invested $194,500 in this project through ACOA’s Regional Economic Growth through Innovation program.
- The Business Scale-up and Productivity stream of the Regional Economic Growth through Innovation 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.