A little more than three-quarters of a million dollars from Ottawa for a Saint John business.
$750,385 from the Atlantic Canada Opportunities Agency will help Russell Industries buy tank-cleaning equipment.
According to a news release, the equipment will help the company cut time and money in its process of cleaning liquid petroleum tanks while also improving safety and workflow.
The repayable loan will also help the Allerion Oilfield Services facility in Saint John create 10 new jobs.
Atlantic innovation! With our support, NB’s Russell Industries and Allerion Oilfield Services are acquiring new equipment and creating jobs: https://t.co/W55YycrubN pic.twitter.com/yqkHDiKSbB
— ACOA Canada (@ACOACanada) July 27, 2021
