Governments back expansion project at Max Steel Inc.

The federal and provincial governments have announced funding for Max Steel Inc. in Clair to expand its operations.

The $505,000 project includes the purchase of new equipment and reconfiguration of the plant floor, as well as the addition of two new jobs.

The company, which opened in 1989, currently employs 16 people.

Each level of government are investing $109,000.

The federal contribution through ACOA's Business Development Program, while the provincial funds are through Opportunities NB and the Regional Development Corporation’s Northern New Brunswick Economic Development and Innovation Fund.