High-tech Firm Receives Provincial Support
Getting the lead out means 60 new jobs for an Amherst electronics firm. By 2006 most industries will require lead-free circuit boards. With a $900,000 loan from the province to provide state- of-the-art equipment and employee training, C-Vision Limited will be able to compete vigorously in the global market. Economic Development Minister Ernest Fage made the funding announcement today, Aug. 10.
"Helping rural companies like C-Vision continue to grow its products, clientele and markets is the type of activity our economic development strategy, Opportunities for Prosperity, supports," said Mr. Fage. "Developing the advanced manufacturing sector and providing upgraded training on-the-job means more jobs for Nova Scotians."
The total project is valued at $2.2 million. The Office of Economic Development is providing an innovation loan of up to $900,000. The loan is eligible for forgiveness after five years if C-Vison reaches employment targets.
"This investment by the province will allow C-Vision to put in place the equipment, training and development required to attract and retain global customers," said C-Vision president Chuck Cartmill. "By enhancing our products by putting in place our lead-free initiative, we increase our competitiveness in the local and international marketplace."
Since 2002, when C-Vision Limited purchased the assets of the former Celestica plant in Amherst and began to operate as an electronics manufacturing and design services firm, the company has grown to employ 40 people. The company has hired recent engineering and technology graduates, allowing them to use their newly acquired skills in Nova Scotia.