[NSBI] Innovation Rebate Program Disclosures - 2022/23

The following Innovation Rebate Program incentives were announced during the fiscal year of 2022-2023.

Tuesday, March 28, 2023
 
Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Spindrift Brewing Co.
 
The company has operated craft breweries since 2015 in Dartmouth and Antigonish. Spindrift Brewing will be proceeding with a $626,700 capital investment to upgrade its Dartmouth production facility, which will support growth and further export opportunities. 
 
The project includes more efficient equipment which will include a new canning line, can seaming software, and the establishment of a proper quality control program including lab equipment and dissolved oxygen testing. The company expects to increase production capacity by approximately 50 per cent, improve waste reduction by approximately 10 – 15 per cent, and support expansion into new, international markets by increasing shelf life and product stability by as much as 50 per cent.
 
Spindrift Brewing is eligible to earn a maximum innovation rebate of $156,675 upon completion of its project, based on eligible capital spending of $626,700. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.
 
Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.

We are Nova Scotians supporting businesses small and large; new and new to our province. 
 
Media Contact:
Jeff Green
General Manager, Spindrift Brewing Co. 
902-292-8764
[email protected]


Tuesday, March 14, 2023
 
Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Scotia Pallets Limited.
 
The company has operated since 1987 in Guysborough County as a specialty manufacturing facility of wooden pallets compiled of hard and softwood from Eastern Canada. Scotia Pallets will be proceeding with a $852,000 capital investment to upgrade its production facility, which will support growth and further manufacturing opportunities. 
 
The project includes an upgrade to hardwood and softwood manufacturing lines with modernized equipment to increase production and decrease waste. In addition to a 17 per cent increase in production output, improved efficiency and less waste, this project will enable further growth in Eastern Canada as well as new opportunities in the Eastern United States. 
 
Scotia Pallets is eligible to earn a maximum innovation rebate of $213,000 upon completion of its project, based on eligible capital spending of $852,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.
 
Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.    

We are Nova Scotians supporting businesses small and large; new and new to our province. 
 
Media Contact: 
Herman Long
President, Scotia Pallets Inc.
902-863-7788
[email protected]


Tuesday, February 28, 2023
 
Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Advanced Precision Machining and Fabrication Inc.
 
The company has operated since 1989 in Dartmouth as a specialty component manufacturing facility for the aerospace, military, and technology sectors. Advanced Precision will be proceeding with a $1,048,063 capital investment to upgrade its production facility, which will support growth and further manufacturing opportunities.
 
The project includes an upgrade to more robotic, efficient equipment to increase the speed of the production process by up to 35 per cent. In addition to increased output, efficiency and less waste, Advanced Precision expects the upgrade to support further growth and enable the company to pursue a more competitive presence in Canadian markets and support expansion into new markets in the United States, Mexico, and Costa Rica.
 
Advanced Precision is eligible to earn a maximum innovation rebate of $262,016 upon completion of its project, based on eligible capital spending of $1,048,063. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.
 
Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.    

We are Nova Scotians supporting businesses small and large; new and new to our province. 
 
Media Contact:
Chris Fitzpatrick
President, Advanced Precision Inc.
(902) 468-5653 x225
[email protected]


Tuesday, February 28, 2023
 
Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Big 8 Beverages Limited.
 
The company, operational since 1986 in Stellarton, Nova Scotia, bottles water and soft drinks that are distributed and sold across Canada. Big 8 Beverages is proceeding with a $3,353,164 capital investment to replace a water bottling production line with a new, faster, and more efficient system.
 
The company expects its project will improve production efficiencies by 25 per cent, reduce production downtime by 50 per cent as well as increase bottling capacity from 2 million cases of product per year to 2.5 million cases per year. 
 
The company is eligible to earn a maximum innovation rebate of $838,291 upon completion of its project, based on eligible capital spending of $3,353,164. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.
 
Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.    

We are Nova Scotians supporting businesses small and large; new and new to our province. 
 
Media Contact:
Karen White-Boswell 
Director, External Communications - Sobeys Inc.
416-779-2319
[email protected]


Tuesday, February 14, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Peace by Chocolate Inc.
 
The company has operated since 2016 in Antigonish as a specialty chocolate manufacturing facility. Peace by Chocolate will be proceeding with a $574,050 capital investment to upgrade its production and storage facility, which will support growth and further manufacturing opportunities. 
 
The project includes additional space and more efficient equipment that will increase packaging speeds to 500 chocolate bars wrapped in one minute. In addition to increased output and less waste, Peace by Chocolate expects its project will enable it to be certified for international markets, such as the Middle East, as well as supply national and specialty retailers.
 
Peace by Chocolate is eligible to earn a maximum innovation rebate of $143,513 upon completion of its project, based on eligible capital spending of $574,050. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.
 
Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation, and entrepreneurship.

We are Nova Scotians supporting businesses small and large; new and new to our province. 
 
Media Contact:
Stephanie Purcell
Publicist, Peace by Chocolate Inc.
(902) 225-9705 
[email protected]


Tuesday, January 10, 2023

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Maritime Paper Products Limited Partnership, a member of the Scotia Investments Family of Companies.  

The company is undertaking a project in Dartmouth, HRM, to upgrade the equipment at its corrugated packaging production facility. 

Maritime Paper will be proceeding with a $2,255,768 capital investment to purchase and install a new conveyor sheet line.  The benefits of the project include an approximate increase in finished goods capacity of 20 per cent and a 6 per cent reduction of waste.  

The company is eligible to earn a maximum innovation rebate of $563,942 upon completion of its project, based on eligible capital spending of $2,225,768. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.  
 
Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship.  

We are Nova Scotians supporting businesses small and large; new and new to our province. 

Media Contact: 
Matthew Rust
Chief Financial Officer, Maritime Paper 
(902) 481-3021
[email protected] 


                                                                                                                                                                                                          
Tuesday, December 20, 2022

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Aerotec Engines Limited.

The company that services and overhauls aircraft engines is undertaking a project in Beaver Bank, HRM, to upgrade its aircraft piston engine shop. 

Aerotec will be proceeding with a $1,900,000 capital investment focused on an expanded building and new digital systems that will manage and integrate various business functions.

The new 6,500 square foot building will accommodate more engine-testing capacity. Aerotec anticipates servicing approximately 260 engines per year, compared to its current 170 engines per year. 

The company is eligible to earn a maximum innovation rebate of $450,000 upon completion of its project, based on eligible capital spending of $1,800,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.  

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship.  

We are Nova Scotians supporting businesses small and large; new and new to our province. 

Media Contact: 
Jett Crowell 
Operations Manager, Aerotec Engines Ltd. 
(902)873-3100 
[email protected] 



Tuesday, December 6, 2022

Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for AGADA Biosciences Inc.  

AGADA Biosciences is a contract research organization providing research services to support clinical trials for international pharmaceutical companies. AGADA is currently located in Invest Nova Scotia’s biotech incubator laboratory space and is undertaking a project in Halifax, HRM. 

Having outgrown its incubation, AGADA will be proceeding with a $6,118,259 capital investment to establish its own 15,000 square foot office and wet laboratory space in Halifax, HRM. 

The project will incorporate energy efficient equipment and HVAC, specialized research equipment including robotic sample handlers, fully mobile wet lab benches, and software. 

AGADA is eligible to earn a maximum innovation rebate of $1,334,699 upon completion of its project, based on eligible capital spending of $5,338,797. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Amanda Mullen 
Chief Operating Officer, AGADA Biosciences Inc. 
(902)240-7972 
[email protected] 


Invest Nova Scotia has approved a business development incentive in the form of an innovation rebate for Victoria Co-operative Fisheries Limited.  

The company is undertaking a project in Neil’s Harbour, Victoria County, to increase its lobster processing facility’s holding capacity and production output. 

Victoria Co-operative will be proceeding with a $2,919,531 capital investment for new filtration and chilling equipment, grading and conveyor systems, and to implement more efficient processes.  The company anticipates being able to hold an additional 75,000 pounds of product for up to 6 weeks longer than is currently possible.  Implementation of this new, improved process is expected to enable sales to new markets, new value-added products, and having live lobster available to sell at times when market prices are higher.  

The company is eligible to earn a maximum innovation rebate of $729,883 upon completion of its project, based on eligible capital spending of $2,919,531. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Osborne Burke 
General Manager 
(902)336-2541 
[email protected] 



Tuesday, November 29, 2022

Invest Nova Scotia (INS) has an agreement with Rousseau Chocolatier Limited in the form of an innovation rebate.  

The company is undertaking a project in Halifax, HRM, to purchase and install automated manufacturing equipment and to expand their current facility. 

Rousseau will be proceeding with a $378,731 capital investment for new enrobing machines, mold loaders, a packaging machine, conveyor belts, and a walk-in freezer.  The project will also include a 50 per cent increase to their manufacturing space’s footprint.   In addition to incorporating plant-based sustainable packaging, the project will also help Rousseau realize an anticipated 200 per cent increase in production capacity for their existing line of chocolate bars. 

The company is eligible to earn a maximum innovation rebate of $94,683 upon completion of its project, based on eligible capital spending of $378,731. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact: 
Nathalie Morin 
Founder and Owner, Rousseau Chocolatier Ltd. 
(902)802-6463 
[email protected]


Tuesday, November 15, 2022

Invest Nova Scotia (INS) has an agreement with Michelin North America (Canada) Inc. in the form of an innovation rebate.  

The company is undertaking a project in Bridgewater, Lunenburg County, to install new material handling systems for large tires.  
 
Michelin will be proceeding with a $14,872,906 capital investment to install new, innovative material handling systems to move, manipulate, and store large tires. These systems are important as the tire market evolves to larger tire sizes.  The new equipment will include advanced storage systems, robot loading posts, conveyors, cranes, and AGVs (Automatically Guided Vehicles).  With the increasing size and mass of tires built at the Bridgewater facility, Michelin anticipates that the project will help realize improved safety and ergonomics for its employees.  
 
The company is eligible to earn a maximum innovation rebate of $3,718,226 upon completion of its project, based on eligible capital spending of $14,872,906. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province. 

Media Contact: 
Nicole Vuotto 
Director of Communication  
Michelin North America (Canada) Inc. 
[email protected] 



Tuesday, October 11, 2022

Invest Nova Scotia (INS) has an agreement with Deep Cove Aqua Farms Limited in the form of an innovation rebate.  

The company is undertaking a project in Blandford, Lunenburg County, to upgrade its live lobster holding facility and seafood processing plant.  

Deep Cove Aqua Farms will be proceeding with a $2,200,000 capital investment to integrate new value-added production equipment with its existing ‘live-export’ lobster operation. The new equipment will expand production capacity and increase product shelf-life, growing export volumes by an anticipated 15-18 per cent. Through the integration of this equipment the company will be able to reduce product related losses by an anticipated 50 per cent and improve the overall quality of both its live lobster and processed seafood exports.  

The project will enable the production for export of ready-to-cook (RTC) and ready-to-eat (RTE) seafood products and allow the company to grow its customer base and expand to new markets. Stable existing demand and a strong growth forecast in the RTC/RTE market segment support long-term growth and future export potential through new and diverse addressable market channels. 

The company is eligible to earn a maximum innovation rebate of $550,000 upon completion of its project, based on eligible capital spending of $2,200,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent of eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:  
Andy Schnare  
President 
Deep Cove Aqua Farms Limited  
[email protected]  
(902)228-2002


Tuesday, October 4, 2022

Invest Nova Scotia (INS) has an agreement with Scotian Gold Co-operative Limited in the form of an innovation rebate.

The company is undertaking a project in Coldbrook, Kings County, to increase its fruit production capacity. 

Scotian Gold Co-operative Limited will be proceeding with a $8,615,000 capital investment for a new presort system and additional storage bins – improving on its product defect detection and increasing production capacity from 300 to 600 bins per day.  Additionally, Scotian Gold expects its new system will save the company more than 4 million litres of water per year.   

The company is eligible to earn a maximum innovation rebate of $2,153,750 upon completion of its project, based on eligible capital spending of $8,615,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
David Parrish 
President & CEO 
Scotian Gold Co-operative Limited 
[email protected] 
(902)679-6780 


Tuesday, September 20, 2022

Invest Nova Scotia (INS) has an agreement with Cherubini Metal Works Limited in the form of an innovation rebate.

The company is undertaking a project in Dartmouth, HRM, to purchase and install advanced manufacturing equipment at its steel fabrication facility. 

Cherubini Metal Works will be proceeding with a $11,900,000 capital investment to purchase a plasma cutting machine, robotic layout and welding centres, and self-propelled modular transporters.  By combining the new equipment with new manufacturing initiatives, the company expects a 40 per cent increase in production capacity and shop floor efficiencies of approximately 20 per cent.   
 
The company is eligible to earn a maximum innovation rebate of $2,975,000 upon completion of its project, based on eligible capital spending of $11,900,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.
 
Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact: 
Blair Nakatsu 
VP and General Manager, Cherubini Metal Works Limited 
[email protected] 
(902)468-5630 


Tuesday, September 13, 2022

Invest Nova Scotia (INS) has an agreement with Muwin Estate Wines Limited, operating as Bulwark Craft Ciders, in the form of an innovation rebate. 

The company will be proceeding with a $670,000 capital investment to expand and upgrade its facility in New Ross, Lunenburg County, to scale-up its new non-alcoholic cider, which requires different equipment and processes compared to the company’s alcohol-based products. 

Bulwark will add a carbonation system, tunnel pasteurizer, automated palletizer, and shrink bundler.  The company estimates it will grow production capacity from 4,000 to 8,000 litres per week, it will eliminate the current switchover periods that cause a 30-40 per cent downtime on the production line, and Bulwark also anticipates it will result in a reduction in its energy usage of 10-20 per cent.  

The company is eligible to earn a maximum innovation rebate of $167,500 upon completion of its project, based on eligible capital spending of $670,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Germain Bergeron 
Muwin Estate Wines Limited/Bulwark Craft Ciders 
[email protected] 
(902)599-2645 


Tuesday, August 30, 2022

Invest Nova Scotia (INS) has an agreement with Vale Packaging Limited in the form of an innovation rebate. 

The company is undertaking a project in Hubbards, Lunenburg County, to modernize its food packaging production line.

Vale Packaging will be proceeding with a $1,877,000 capital investment for a thermoforming machine, gas compressor, grinder, pallet wrapper, and an ERP system.  In addition to doubling production capacity, the project will facilitate the company’s transition to a greener economy by using approximately 20 per cent less energy per unit of package generated and reducing wrapping material by 50 per cent. 

The machines will also allow Vale to process biodegradable plastics in Canada helping to localize the Canadian supply chain by decreasing its dependency on packaging products currently exported from offshore suppliers. 

The company is eligible to earn a maximum innovation rebate of $469,250 upon completion of its project, based on eligible capital spending of $1,877,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Uriel Guerrero 
Director of Operations, Vale Packaging Ltd. 
[email protected] 
(902)275-7747


Tuesday, August 23, 2022 

Invest Nova Scotia (INS) has an agreement with McConnell Gordon Estates Limited, operating as Benjamin Vineyards, in the form of an innovation rebate. 

The company is undertaking a project in Gaspereau, Kings County, to invest in operational infrastructure that will increase its wine production. 

Benjamin Bridge will be proceeding with a $599,000 capital investment to increase its storage vessel capacity, modify a building, and introduce production process automation.  The building modification will allow the company to produce off-grid and on-grid renewable energy as part of its commitment to sustainability and waste reduction, saving 21,956 kilograms annually. 
 
An anticipated 80,000 litres in increased production capacity will help grow its Piquette product line by 50 per cent; expand its cobranded products with Glooscap First Nation; and, commercialize at least two new products, including a new reusable format as opposed to single-use wine packaging.   

The company is eligible to earn a maximum innovation rebate of $137,500 upon completion of its project, based on eligible capital spending of $550,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact: 
Ashley McConnell-Gordon 
Vice President, Benjamin Bridge Vineyards 
[email protected] 
(902)542-1560


Tuesday, August 16, 2022 

Invest Nova Scotia (INS) has an agreement with Ace Machining Limited in the form of an innovation rebate.

The company manufactures parts for the construction, marine, fabrications, R&D, and green energy industries. Ace Machining expanded two years ago and must invest again with ever increasing customer orders.  The company is undertaking a project at its Dartmouth facility to invest in specialized equipment. 

Ace Machining will be proceeding with a $774,056 capital investment to purchase a manufacturing robot arm, an automatic CNC machine, and a multi-tasking lathe turnkey system that will help the company meet increases in production demand.  The new equipment will enhance the company’s ability to work nights and weekends using automation and will eliminate interprovincial subcontracting costs that are currently being incurred.  The new robot arm will also work in tandem with Ace’s current machinery to broaden equipment versatility and help diversify current production output. 

The company is eligible to earn a maximum innovation rebate of $193,514 upon completion of its project, based on eligible capital spending of $774,056. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.  

Media Contact: 
Ron Wallace 
President, ACE Machining Limited 
[email protected] 
(902)463-6347 


Tuesday, August 2, 2022

Invest Nova Scotia (INS) has an agreement with Pratt & Whitney Canada in the form of an innovation rebate.

This agreement replaces a previous rebate published May 2020 for a similar project that did not proceed due to COVID-19 impacts.

The company is undertaking its project in Goffs, Halifax County, to expand and modernize its turbine blade line. Established in 1986, the facility specializes in complex CNC machining of parts and tooling of aircraft components.

Pratt & Whitney Canada’s capital investment of $12,031,250 will be used for a twin wheel high speed grinder, coolant filtration system expansion, a mill grind machine, a precision coordinate measuring machine, full automation with robot handling, an overhead crane, and related tooling and fixtures.

The proposed project will increase blade production capacity by 50,000 blades per year at the facility while simultaneously supporting the company’s sustainability goals as they reduce overall energy consumption and target waste reduction in the industrial process.

The company is eligible to earn a maximum innovation rebate of $3,007,813 upon completion of its project, based on eligible capital spending of $12,031,250. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact: 
Catherine Cunningham
Communications
Pratt & Whitney Canada
[email protected]
(514) 240-9568


Tuesday, July 26, 2022

Invest Nova Scotia (INS) has an agreement with Nu-Air Ventilation Systems Incorporated in the form of an innovation rebate.

The company will be proceeding with a $1,187,530 capital investment for new production equipment at its manufacturing facility in Windsor, Hants County.

Nu-Air designs and manufactures heat recovery and energy recovery ventilators (H/ERV) for both commercial and residential clients.  Its capital investment project will add an additional electric turret mill and an electric press brake. The additional equipment will eliminate downtime for tooling changes or equipment issues, as well as enabling the company to develop new heat and energy recovery products for expanding export sales opportunities.

The company anticipates an immediate 45 per cent increase in production and an eventual increase of 3 times its current capacity. The new machines are more energy efficient, including operating overnight during non-peak electricity consumption times.

Nu-Air is eligible to earn a maximum innovation rebate of $296,883 upon completion of its project, based on eligible capital spending of $1,187,530. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact: 
David Deacon 
CEO 
Nu-Air Ventilation Systems Incorporated 
[email protected] 
(416) 209-2826


Invest Nova Scotia (INS) has an agreement with Acadian Seaplants Limited in the form of an innovation rebate.

The company is undertaking a project in Cornwallis, Annapolis County, to expand and upgrade its premium seaweed production facility.

Acadian Seaplants will be proceeding with a $14,990,000 capital investment within its Acadian Plant Health™ division.  The facility will be expanded by 10,000 square feet to accommodate new equipment, including a packaging line for powdered products, an evaporator, and a packaging line for liquid products.

The company anticipates its new space and upgrades will increase processing capacity from 8.8 million to approximately 21 million pounds per year.  Using less packaging overall will also help eliminate 180,000 kilograms of waste material and will vastly reduce the amount of transportation-associated Carbon Dioxide (CO2).

The company is eligible to earn a maximum innovation rebate of $3,747,500 upon completion of its project, based on eligible capital spending of $14,990,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Media Contact:
Linda Theriault
Director, Corporate and Government Relations 
Acadian Seaplants Limited 
[email protected] 
(902)468-2840


Tuesday, July 19, 2022
 
Invest Nova Scotia (INS) has an agreement with Balamore Farm Limited in the form of an innovation rebate.

The company will be proceeding with a $3,250,000 capital investment to add a controlled strawberry growing facility to its existing strawberry nursery business in Great Village, Colchester County.

The new facility will include two key environments: an indoor growing area with LED lighting and high-rated insulation, and a humidity and cooling controlled indoor wintering area.

Balamore Farm anticipates the new facility will extend the growing season resulting in increased strawberry production from 25 million to 40 million plants per season. In addition, energy efficiency is anticipated to improve 20-40 per cent with the modern coolers and insulation. 
     
The company is eligible to earn a maximum innovation rebate of $425,000 upon completion of its project, based on eligible capital spending of $1,700,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.
 
Media Contact:
David Cooper
Balamore Farm Limited
[email protected]
(902) 668-2005 


Tuesday, July 5, 2022

Invest Nova Scotia (INS) has an agreement with Louisbourg Seafoods Limited in the form of an innovation rebate.

The company is undertaking a project in Louisbourg, Cape Breton County, to introduce new equipment to its whelk and crab production lines.

Louisbourg Seafoods will be proceeding with a $4,828,200 capital investment to purchase a new freezer, boxing infrastructure, and grading equipment. The company is also digitizing its inventory management, reporting, quality control, equipment monitoring, and traceability, helping to reduce both energy and product wastage. Louisbourg Seafoods expects the equipment and digital upgrades will help the company increase crab production by 10,000 pounds per day.

The company is eligible to earn a maximum innovation rebate of $1,207,050 upon completion of its project, based on eligible capital spending of $4,828,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Damien Barry
CAO & General Counsel
Louisbourg Seafoods Limited
(902) 565-0072
[email protected]


Tuesday, June 28, 2022

Invest Nova Scotia (INS) has an agreement with Oland Brewery in the form of an innovation rebate.

The brewery is installing new infrastructure at its North-end Halifax facility for a carbon capture project, which will be environmentally beneficial as well as improving business competitiveness.

Oland Brewery will be proceeding with a $500,000 capital investment in equipment that will reuse carbon dioxide (CO2) previously lost during the brewing and packaging process. The captured gas will be reused to fill bottles, cans, and kegs instead of purchasing CO2 from external sources.

After implementation, Oland brewery estimates it will save $150,000 annually and will have the ability to capture and reuse approximately 1,000,000 kilograms of CO2 annually.

The company is eligible to earn a maximum innovation rebate of $125,000 upon completion of its project, based on eligible capital spending of $500,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Wade Keller
Director of Corporate Affairs, Atlantic Canada
Labatt Breweries of Canada
(902) 453-3731
[email protected]


Invest Nova Scotia (INS) has an agreement with Halifax Folding Cartons Limited in the form of an innovation rebate.

The company will be proceeding with a $1,880,000 capital investment at its facility in Windsor, Hants County, to invest in new printing technology.

In addition to improving the speed, accuracy, and efficiency of its operations, the new printing technology will also be more sustainable. Halifax Folding Cartons anticipates that the new printing system will reduce transportation costs and associated emissions by 30 per cent. The new technology is also expected to reduce paper waste by 30 per cent.

The company is eligible to earn a maximum innovation rebate of $470,000 upon completion of its project, based on eligible capital spending of $1,880,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Aaron Fougere
Owner/Operator, Halifax Folding Cartons
(902) 798-8379
[email protected]


Invest Nova Scotia (INS) has an agreement with Quality Blasting and Coatings Limited in the form of an innovation rebate.

The company is undertaking a $1,120,000 capital investment project in Woodside, HRM, to expand and modernize its industrial coatings and blasting facility. The modernization will include an educational simulator new employees will use and several building modifications that will improve productivity rates and energy efficiency. The company expects to reduce waste by 30-40 per cent, to increase its production capacity by 30 per cent, and to grow its international sales.

The company is eligible to earn a maximum innovation rebate of $261,250 upon completion of its project, based on eligible capital spending of $1,045,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Darren Czech
CEO, Cherubini Group of Companies
(902) 468-5630
[email protected]


Invest Nova Scotia (INS) has an agreement with Lewis Mouldings & Wood Specialties Limited in the form of an innovation rebate.

The company is undertaking a $4,325,000 capital investment project in Weymouth, Digby County.

Lewis Mouldings & Wood Specialties will install a new gesso/putty line to automate the filling and repairing of wood defects, increase production speed by 233 per cent, and eliminate propane as the fuel source for drying and finishing products. The company anticipates its project will result in a 15 per cent increase in total sales and a reduction in fossil fuel consumption of 24,000 litres per year.

The company is eligible to earn a maximum innovation rebate of $827,500 upon completion of its project, based on eligible capital spending of $3,310,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Jamie Lewis
President, Lewis Mouldings Ltd.
(902) 841-0116
[email protected]


Invest Nova Scotia (INS) has an agreement with Nine Locks Brewing Company in the form of an innovation rebate.

The company is undertaking a $4,472,250 capital investment project in Dartmouth, HRM, to build a new brewery and packaging/logistics hub.

Nine Locks Brewing expects to triple its production capability, going from approximately 3.7 million cans to nearly 10.6 million cans annually. New systems will enable the company to add new varieties of locally produced craft products, including light, non-alcoholic, and spirit-based sodas.

Members of the Nine Locks management team completed the NSBI Trade Accelerator Program and have identified several new markets that the facility and infrastructure would enable the company to access.

Beyond export and expanded product offerings, Nine Locks Brewing estimates its new facility and enhanced production will result in reduced wastage from an average of 14 per cent to 6 per cent and overall lower energy consumption.

The company is eligible to earn a maximum innovation rebate of $1,118,062.50 upon completion of its project, based on eligible capital spending of $4,472,250. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Bill Manley
General Manager, Nine Locks Brewing
(902) 817-5607
[email protected]


Invest Nova Scotia (INS) has an agreement with Coldstream Clear Distillery Limited in the form of an innovation rebate.

The company is undertaking a project in Truro, Colchester County, to install new operational infrastructure required to produce their distilled spirits and ready-to-drink beverages.

Coldstream Clear Distillery will be proceeding with a $5,372,000 capital investment to install new brewing equipment, auxiliary production equipment, and to add 24,000 square feet of warehouse and office space. The upgrades are expected to increase production speeds, capacity, and reduce emissions previously associated with off-site storage and shipping.

The company is eligible to earn a maximum innovation rebate of $946,000 upon completion of its project, based on eligible capital spending of $3,784,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Riley Giffen
President, Coldstream Clear Distillery
(902) 956-3393
[email protected]


Tuesday, June 21, 2022

Invest Nova Scotia (INS) has an agreement with Nova Agri Incorporated in the form of an innovation rebate.

The company is undertaking a project in Sheffield Mills, Kings County, to commission a new packing line for its vegetable plant.

Nova Agri will be proceeding with a $4,510,942 capital investment to introduce advanced technology, specifically a state-of-the-art camera system that will detect defects in onions – an issue producers around the world are experiencing due to climate change.

Nova Agri’s improved system is projected to remove up to 98 per cent of defects, including internal decay.  The technology will also help Nova Agri reduce waste, strengthen their supply chain domestically and internationally, distribute #1 grade certified onions, and increase efficiency so the company can grade and pack Nova Scotian onions 12 months a year vs. 10 months.

The company is eligible to earn a maximum innovation rebate of $1,127,735 upon completion of its project, based on eligible capital spending of $4,510,942. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Earl Kidston
CEO, Nova Agri Inc.
(902) 582-1445
[email protected]


Tuesday, June 14, 2022

Invest Nova Scotia (INS) has an agreement with Made With Local Snack Foods Inc. in the form of an innovation rebate.

Made With Local is undertaking a project in Windsor, Hants County, creating a new production facility and innovation hub focused on Nova Scotian ingredients and exporting nationally and internationally. The production space design will focus on supporting capacity increases for the Made With Local team while also providing a safe and inclusive work environment for team members.

The company is proceeding with a $1,100,000 capital investment in a new facility with improved methods to process raw ingredients and inventory the finished goods. The company expects it will reduce spoilage and cut waste by 50 per cent.

Made With Local is eligible to earn a maximum innovation rebate of $275,000 upon completion of its project, based on eligible capital spending of $1,100,000. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.
 
Media Contact:
Crystal Richard
Publicist
Made With Local Snack Foods Inc.
506-860-0956
[email protected]


Invest Nova Scotia (INS) has an agreement with Oxford Frozen Foods Limited in the form of an innovation rebate.

The company is undertaking a second project in Oxford, Cumberland County, to increase its cold storage capacity within a pre-existing footprint – doing more, and better, within the same space.

The company will be proceeding with a $4,198,448 capital investment to replace its existing drive-in structural racking and bulk storage with a high-density semi-automated system. Freezer capacity will increase by 11.3% or 5,830,000 pounds of product. The change also means electric forklifts will no longer be used to handle product within the racking system - reducing the risk of product damage – and energy consumption will drop 15% or $100,000 annually.

The company is eligible to earn a maximum innovation rebate of $1,049,612 upon completion of its project, based on eligible capital spending of $4,198,448. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.
 
Media Contact:
Jordan Burkhardt
Director, Administration
OXFORD FOOD GROUP
902-447-2100 ext. 6064


Invest Nova Scotia (INS) has an agreement with Oxford Frozen Foods Limited in the form of an innovation rebate.

Oxford Frozen Foods is undertaking a project on its battered products line in the Town of Oxford, Cumberland County to reduce the company’s energy consumption, cutting carbon dioxide emissions by 2,000 tonnes annually while at the same time improving overall air quality within the facility for its employees.

Oxford Frozen Foods will be proceeding with a $5,752,400 capital investment to replace a 50 per cent efficient natural gas remote steam heating system with a new system that will boost efficiency to between 80 - 95 per cent. This along with targeted ventilation and heat recovery will significantly improve air quality, reduce energy usage and lay the foundation for future production expansions.

The company is eligible to earn a maximum innovation rebate of $ $1,438,100 upon completion of its project, based on eligible capital spending of $5,752,400.  To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.
 
Media Contact:
Jordan Burkhardt
Director, Administration
OXFORD FOOD GROUP
902-447-2100 ext. 6064


Tuesday, May 31, 2022

Invest Nova Scotia (INS) has an agreement with B.R. Printing Plates Company Ltd., operating as Maritime Labels and Packaging in the form of an innovation rebate. Maritime Labels has grown steadily and is undertaking a project in Milford, Hants County, to adapt to its growth and upcoming opportunities.

The company will be proceeding with a $7,218,966 capital investment to add equipment and construct needed space. The space will also accommodate Maritime Labels’ existing, high-demand labelling.  The company will also add equipment to produce flexible packaging pouches that save its customers money on their shipping costs. The packaging can be made with materials including compostable papers and recyclable films.

The company is eligible to earn a maximum innovation rebate of $1,804,742 upon completion of its project, based on eligible capital spending of $7,218,966. To be considered for an innovation rebate, a company’s total project costs must be between $350,000 and $15 million. An approved rebate is up to 25 per cent against eligible project costs.

Invest Nova Scotia is Nova Scotia’s business development agency that works to promote economic growth and community economic development in the province by enabling business, innovation and entrepreneurship. 

We are Nova Scotians supporting businesses small and large; new and new to our province.

Media Contact:
Paul Sproule
Maritime Labels
902-444-3730
[email protected]

SOURCE www.novascotiabusiness.com

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https://capebreton.lokol.me/s/nsbi-innovation-rebate-program-disclosures---2022-23-30131-9903017
News from Nova Scotia Business Inc (NSBI) for Tuesday, March 28, 2023
Business Doing business in Cape Breton

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