A local manufacturing plant is expanding its workforce with the help of government grants and loans, meaning up to 60 new jobs in Brockville over the next three years.
Newterra, which creates reusable water systems, made the announcement Thursday morning, with company president Bob Kennedy saying that with the expansion, “We become now a global player.”
Since September, Newterra has hired 15 staff in Brockville, bringing its total number of local employees to 85. Kennedy said that the company intends to hire another 15 to 20 employees in 2013.
Newterra will continue to hire up to 20 employees a year for the next three years.
Along with the creation of local jobs, Newterra has acquired the former Shorewood Packaging building on California Avenue, which it will convert into a new workspace for its employees.
The 1000 Islands Community Development Corporation (CDC) presented $410,000 to Newterra to support renovation, training and technology costs.
Tom Russell, the executive director of the CDC, said that it's the largest single presentation to a company in his corporation's history.
The CDC receives $800,000 a year in government funding for economic development. It committed 20 per cent of its funding this year to Newterra.
Russell said that $160,000 of the amount was donated while $250,000 is an interest-free loan.
(See Friday's Recorder and Times print edition for the full story)