A leading Canadian naval engineering and technical services company, is expanding in Halifax. Fleetway Inc. will create up to 100 new jobs within five years.
The province, through Nova Scotia Business Inc., announced today, Dec. 10, it is supporting Fleetway's expansion with a payroll rebate to a maximum of $1,547,000. The five-year rebate is a performance-based incentive tied to hiring targets.
Part of the Irving Group, Fleetway serves major clients in the Canadian defence, shipbuilding, oil and gas, and other sectors.
"Fleetway has a multi-year contract with the Canadian Navy as in-service support contractor for upgrades to our country's major naval ships, and we plan to keep growing," said Norman Brown, vice-president, Fleetway Inc.
Fleetway is headquartered in Halifax, which is home to more than 40 per cent of Canada's military assets. The company also has satellite offices in Ottawa and Victoria, serving the Department of National Defence.
In today's economy, competition is fierce to attract businesses such as Fleetway. Nova Scotia Business Inc. worked closely with the company to ensure the expansion happened in Nova Scotia.
"Fleetway Inc. is a growing success story in a long-standing cornerstone industry," said Economic Development Minister Angus MacIsaac. "Fleetway is providing new, well-paying opportunities for people to live and work in the province."
Fleetway's new jobs in Halifax will include engineers, technical staff and management positions.
"Now more than ever, NSBI is focused on working with
companies like Fleetway to secure new growth," said Stephen Lund,
president and CEO of Nova Scotia Business Inc. "We understand Nova Scotia's strengths, and Fleetway's expansion adds to our province's strong defence, security and aerospace sector."
Fleetway will mark its 25th anniversary in 2009. The company has offices in Halifax, Ottawa, Victoria and Saint John, N.B. Fleetway provides full-service solutions to customers in two key areas: in-service support (product life data cycle management, maintenance planning and support systems, logistics) as well as engineering services (production design, technical studies). Fleetway's diverse customer base includes the oil and gas industry, pulp, paper and advance manufacturing, as well as Canada's Department of National Defence.
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.