Atlantic Hardchrome is expanding its capabilities to better meet the needs of its customers.
The company is purchasing $600,000 worth of new manufacturing equipment for its Burnside operation and the province, through Nova Scotia Business Inc. (NSBI), is complementing the investment with a five-year payroll rebate to a maximum of $308,750. The payroll rebate is an earned incentive tied to performance targets.
The new equipment will allow the company to perform additional rebuilding services and add more value to manufactured parts. While it expands its operations, the company will continue its all-under-one-roof philosophy of providing re-manufacturing and manufacturing solutions to its broad list of clients.
"The province, through NSBI, is proud to partner with this home-grown company," said Economic and Rural Development Minister Percy Paris. "This investment will help support Atlantic Hardchrome as it strengthens its current operations to become leaner, more productive, and more competitive on a world stage."
While the expansion provides additional services to the marine shipping and aerospace sectors, the company's services to the construction, natural resource and manufacturing sectors continue to fuel its growth.
"We've built our success on helping companies save money by repairing and upgrading equipment through plating," said Paul Ferguson, president, Atlantic Hardchrome. "It not only saves companies money from having to purchase new parts and equipment, it is a green approach that we have been a part of, long before recycling was fashionable."
The family-owned and operated company that has been in business since 1971, has a unique hardchrome plating process that refurbishes worn or damaged parts to extend the life of machinery.
"The need to focus on improving productivity and cost competitiveness has never been more immediate," said Stephen Lund, president and CEO of NSBI "We're proud to be working with companies like Atlantic Hardchrome that know what it takes to stay competitive in our ever-changing economy and business climate."
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.