Steel firm expands in Borden-Carleton

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MacDougall Steel Erectors Inc. (MSE) logo

MacDougall Steel Erectors grows to meet bigger business volume

MacDougall Steel Erectors Inc. has expanded to handle larger components and larger volumes of structural steel in its Borden-Carleton facility.

On Friday, Rob Moore, minister of state (Atlantic Canada Opportunities Agency), and Premier Robert Ghiz joined company officials, stakeholders and guests to announce government investments in the company.

The Government of Canada, through ACOA’s Business Development Program, provided a repayable contribution of $500,000 to support the expansion project. The P.E.I. government has provided $3.7 million in new financing towards the $4.5 million plant.

In addition, the province is providing a labour rebate for up to $585,000 towards the 40 new positions to be created and a $41,000 non-repayable contribution towards a workers’ training facility. The training facility will be able to educate as many as 30 trainees per year.

MacDougall Steel Erectors was established in 1998 and is now one of the largest steel fabrication companies in Atlantic Canada.

“To successfully meet current and projected demands for products and services, companies must invest in productivity to remain competitive. Our Government is pleased to support innovative companies like MacDougall Steel Erectors Inc. as they seek new opportunities to increase sales and therefore create growth and positive economic spin-offs within their own local economy,” said Moore.

Premier Ghiz said the province is pleased to be able to help the firm expand to meet the opportunities of a growing marketplace.

“We are showing that the Island can be an excellent base of operations from which companies can serve clients anywhere in the world,” said the premier.

Ron MacDougall, president, MacDougall Steel Erectors Inc., says the expansion has afforded the company new opportunity for work.

“In fact, MSE has already been awarded contracts that would not have been possible for us to complete with the shop and our equipment prior to this expansion,” said MacDougall.

“This takes us to a whole different level in the industry. In growing and developing our company, one of MSE’s objectives is to keep Islanders employed providing families with a good income and benefits. We are very grateful to both the provincial and federal governments for their participation in making this newest expansion possible.”

Organizations: MacDougall Steel Erectors, Atlantic Canada Opportunities Agency

Geographic location: Borden-Carleton, Atlantic Canada, P.E.I.

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Recent comments

  • Union worker
    July 21, 2014 - 19:48

    Too bad they didn't pay Union rates!!

  • WHAT BUSINESS PLAN
    July 21, 2014 - 08:19

    JOHN. Where do you see a business plan? Is is a plan to use taxpayers money in your business while everyone else must use lending institutions?Is it a plan to get Taxpayers money to pay for you staff? If this is your idea of a business plan then join GENE H in congratulating this company for using your tax dollars to make their business in the Island tradition of not using their own money to run a business. And if your argument is that it provides jobs then read the article again and see who is paying for those jobs.

  • jack
    July 20, 2014 - 08:54

    Gene H has a point, of course one would take the best deal, --- the problem is that the Gov. should not be offered deals where, the risks are on the taxpayers back. There was a time when there were not this constant government give- aways. There was indeed a time then businesses expanded with their own capital, -- that is what business used to be all about, - now it is all about running to then government, right from the richest in Canada (Irvings) grabbing government help because it is there, down the to the legitimate struggling up-starts.That is where Gov. policy is wrong, but Ghiz & co. do not have a clue, -- and they like to play with the big boys.

  • jack
    July 20, 2014 - 08:51

    Gene H has a point, of course one would take the best deal, --- the problem is that the Gov. should not be offered deals where, the risks are on the taxpayers back. There was a time when there were not this constant government give- aways. There was indeed a time then businesses expanded with their own capital, -- that is what business used to be all about, - now it is all about running to then government, right from the richest in Canada (Irvings) grabbing government help because it is there, down the to the legitimate struggling up-starts.

  • SO EASY
    July 18, 2014 - 23:02

    It's so easy to expand when it is taxpayers money paying for the expansion and employees. Still waiting for a self sufficient company on PEI that is not in the taxpayers pockets.

    • Gene H.
      July 19, 2014 - 15:00

      How many companies on the Island do you know of can do a multi-million dollar expansion entirely out of their own pocket without financial assistance? It's not the companies fault if the province is giving them better rates than the banks. If you were putting a mortgage on your house and the province offered better financing than the banks, which would you take? I find it hard to believe in that scenario many people would turn down the province's financing just on the principle that it is taxpayer's money

    • John
      July 20, 2014 - 11:35

      Why wait? Like most commentators on here, you poke holes in business plans. If you're so smart start a business and make a go of it on your own. Talks cheap.