W. R. Benjamin Limited Expands in Springhill
A niche manufacturing company in Springhill is strengthening its roots in rural Nova Scotia.
W.R. Benjamin, a manufacturer of residential heating products, is investing in its line of oil- and wood-fired central heating systems by developing technology as part of a new, energy-efficient electric boiler.
The province, through Nova Scotia Business Inc., has partnered with W.R. Benjamin, signing a payroll rebate to a maximum of $124,250. W.R. Benjamin will earn the rebate as it achieves performance targets tied to productivity and staffing.
"W.R. Benjamin's project will improve its competitiveness in export markets and strengthen its productivity," said Economic Development Minister Angus MacIsaac. "Strong companies don't just happen, they are built by investing in innovative products, processes and people."
W.R. Benjamin is committed to maintaining its six full-time positions over the next four years. It also plans to add up to 15 new jobs as it continues to export products throughout Canada and parts of the United States.
"Competitiveness through quality is our number one priority," said Stephen Benjamin, president of W.R. Benjamin. "We are excited to expand our product offering in the world market from our home base in Springhill."
For companies that commit to paying for at least 20 per cent of project costs, a payroll rebate may be an additional investment to promote competitive improvements through export markets and retain jobs.
"W.R. Benjamin is taking action, improving its competitiveness, investing its own money, and we are helping the company to see its plan through," said Stephen Lund, president and CEO of NSBI. "W.R. Benjamin is a true leader, and NSBI is pleased to partner in its growth."
Nova Scotia Business Inc. is Nova Scotia's private-sector-led business development agency. NSBI is the investment attraction arm of the province and helps businesses in Nova Scotia meet growth potential through advisory services, trade development, financing and venture capital.