A major Canadian player in the packaging and recycling bag business is expanding with help from the federal and provincial governments.
Moncton-based Al-Pack Enterprises in the Caledonia Industrial Park is receiving a $160,000 repayable loan from ACOA and a $200,000 non-repayable contribution from Opportunities NB.
Al-Pack Enterprises in Caledonia Industrial Park is expanding operations and adding 9 jobs with support from federal and provincial governments. #ACOA provides $160K repayable loan & province through #OpportunitiesNB provides $200K non-repayable loan. #nbpoli #cdnpoli pic.twitter.com/MiKa93vuxJ
— 91.9The Bend News (@919TheBendNews) July 16, 2018
Al-Pack CEO Louis LeBlanc says this is a $1-million expansion project which will add a new production line and up to 9 new jobs.
“For us, it helps us leap frog a couple years ahead of where we want to be. It helps us invest back into a company that is very strategic on how it goes to market,” he adds.
LeBlanc says Al-Pack is expanding into drawstring bags, flex-tie bags and compost flex-tie bags which he says will push the company into a higher end market.
Al-Pack has 70 employees across Canada including at facilities in Newfoundland and Ontario.
(91.9 The Bend PHOTO – Louis LeBlanc, CEO Al-Pack Enterprises)
