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October 10, 2012
For immediate release
Federal and provincial governments help Linkletter's Welding Ltd. to innovate and grow
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“Our small business community is the lifeblood of the Canadian economy and a primary generator of jobs all across the country,” said Minister Shea, on behalf of the Honourable Bernard Valcourt, Associate Minister of National Defence and Minister of State (Atlantic Canada Opportunities Agency) (La Francophonie). “We understand that Canada’s long-term economic competitiveness depends on businesses that innovate and grow. With the help of this investment, Linkletter’s Welding Ltd. will be better positioned to grow, through the acquisition of innovative equipment that will help improve the efficiency of its operations and enhance the company’s competitiveness.”
Linkletter’s Welding Ltd has been serving Islanders for over 40 years and is one of the oldest and largest welding repair shops on Prince Edward Island. The company has also been recognized as a leader in hydraulic repair. With the acquisition of new and evolved technology coupled with a refocusing of its business priorities Linkletter’s Welding is targeting the hydraulic market as key area of new growth.
“The Government of Prince Edward Island is accelerating economic growth by investing into PEI businesses, such as Linkletter’s Welding,” said Minister Webster. “Investing into this long-standing PEI company will help their business expand and develop new products and services.”
The Government of Canada, through ACOA’s Business Development Program invested $120,000 to help the company acquire innovative equipment and improve its operational efficiencies. The Government of Prince Edward Island has invested $10,000 through Innovation PEI's Capital Acquisition Program.
“We are pleased to receive support from the federal and provincial governments which is helping us to achieve improved efficiencies in our plant operations and continued production of high-quality products and related services,” said Mr. Wayne Linkletter, President, Linkletter’s Welding Ltd. “We pride ourselves on the service we deliver, the highly skilled workforce that stands behind it, and the specialized technology that keeps us competitive, delivering the best products and service to our customers.”