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News Release
For Immediate Release
January 13, 2005
Trans-Atlantic Preforms Ltd. Upgrades Plant
Sydney, NS — The Honourable Mark Eyking, MP for Sydney-Victoria,
announced funding today for Trans-Atlantic Preforms Ltd. for the purchase of
new machinery.
Located in the Sydport Industrial Park since 1989, Trans-Atlantic Preforms
Ltd. currently employs 25 people. It produces finished, plastic beverage
containers primarily for the soft drink industry.
The project involves replacing the old equipment. The new blow mold
machinery will increase plant production capacity, lower production costs
and extend the life of the plant.
“This funding shows the Government of Canada’s commitment to business here
on Cape Breton Island,” says MP Eyking on behalf of the Honourable Joseph
McGuire, Minister for Enterprise Cape Breton Corporation (ECBC) and the
Atlantic Canada Opportunities Agency (ACOA). “We are pleased to partner with
local businesses as they invest in the future of the Island’s economy. ”
“The upgraded equipment will allow us to cater to more clients,” says
André Cote, President of Trans-Atlantic Preforms. “It will also provide
enhanced job security for our employees, and increase the efficiency of the
plant.”
The total estimated cost of the project is $900,000. ECBC will provide a
repayable contribution of $450,000 through ACOA’s Business Development
Program.
Enterprise Cape Breton Corporation offers programs in support of economic
development initiatives and is responsible for delivering ACOA's programs in
Cape Breton and the Mulgrave area.
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FOR BROADCAST USE ONLY:
THE HONOURABLE MARK EYKING, MP FOR SYDNEY-VICTORIA, ANNOUNCED FUNDING TODAY
FOR TRANS-ATLANTIC PREFORMS LTD. OF SYDPORT, FOR THE PURCHASE OF NEW
MACHINERY.
TRANS-ATLANTIC PREFORMS LTD. CURRENTLY EMPLOYS 25 PEOPLE AND PRODUCES
FINISHED, PLASTIC BEVERAGE CONTAINERS.
THE NEW BLOW MOLD MACHINERY WILL INCREASE PLANT PRODUCTION CAPACITY, LOWER
PRODUCTION COSTS AND EXTEND THE LIFE OF THE PLANT.
MP MARK EYKING SAYS THIS PROJECT SHOWS THE GOVERNMENT OF CANADA’S COMMITMENT
TO BUSINESS HERE ON CAPE BRETON ISLAND.
THE TOTAL ESTIMATED COST OF THE PROJECT IS $900,000. ECBC WILL PROVIDE A
REPAYABLE CONTRIBUTION OF $450,000 THROUGH ACOA’S BUSINESS DEVELOPMENT
PROGRAM (BDP).
FOR ADDITIONAL INFORMATION CONTACT:
Valérie Poulin
Director of Communications
Office of the Honourable Joseph McGuire
Minister of Atlantic Canada Opportunities Agency
(613) 941-7241
Office of Mark Eyking
MP Sydney-Victoria
(902) 567-6275
André Cote
President, Trans-Atlantic Preforms
(902) 563-7601
D.A. Landry
Communications, ECBC
(902) 564-3617
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