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New $10-million manufacturing facility to be set up in N.L. community

Published on July 30, 2009; Published on January 4, 2010
The Canadian Press ~ The News

Topics :: JV Driver , D.F. Barnes Group , N.L. , ARGENTIA , Newfoundland

ARGENTIA, N.L. - The Newfoundland government is kicking in millions of dollars toward the establishment of a new manufacturing operation in Argentia.

Alberta-based JV Driver Corp. will set up the facility to supply steel pressure containers to the mining, oil and gas, and other industries.

The $10-million operation will get up and running with a contribution of $4 million from Newfoundland's business attraction fund.

Business Minister Ross Wiseman says the facility will create many well-paying technical and skilled trades jobs.

JV Driver will establish the Argentia Metalworks in partnership with a local company, D.F. Barnes Group.

Over the next five years, Argentia Metalworks expects to create about 130 jobs.

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