Hightech Firm Receives Provincial Support

first_imgGetting the lead out means 60 new jobs for an Amherst electronicsfirm. By 2006 most industries will require lead-free circuitboards. With a $900,000 loan from the province to provide state-of-the-art equipment and employee training, C-Vision Limited willbe able to compete vigorously in the global market. EconomicDevelopment Minister Ernest Fage made the funding announcementtoday, Aug. 10. “Helping rural companies like C-Vision continue to grow itsproducts, clientele and markets is the type of activity oureconomic development strategy, Opportunities for Prosperity,supports,” said Mr. Fage. “Developing the advanced manufacturingsector and providing upgraded training on-the-job means more jobsfor Nova Scotians.” The total project is valued at $2.2 million. The Office ofEconomic Development is providing an innovation loan of up to$900,000. The loan is eligible for forgiveness after five yearsif C-Vison reaches employment targets. “This investment by the province will allow C-Vision to put inplace the equipment, training and development required to attractand retain global customers,” said C-Vision president ChuckCartmill. “By enhancing our products by putting in place ourlead-free initiative, we increase our competitiveness in thelocal and international marketplace.” Since 2002, when C-Vision Limited purchased the assets of theformer Celestica plant in Amherst and began to operate as anelectronics manufacturing and design services firm, the companyhas grown to employ 40 people. The company has hired recentengineering and technology graduates, allowing them to use theirnewly acquired skills in Nova Scotia.last_img

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