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| Premier Darrell Dexter (left) and Derek Kinsman, senior vice-president and chief operating officer at Composites Atlantic, chat after an announcement in Lunenburg. |
The senior vice-president and chief operating officer of Composites Atlantic says it's an announcement his company plans to take advantage of. The Lunenburg business welcomed a $10-million announcement for aerospace and defence companies and suppliers from the provincial government. Derek Kinsman says it's a positive situation for Composites Atlantic to be in.
"Packages, such as this, which give you an ability to bring financing into play, and when you're successful you pay it back, I mean, that's a perfect win-win situation from our perspective."Kinsman says Composites have a number of projects that could qualify to access some of the $10-million available. He says the company is competing against others worldwide, and are challenged by emerging economy countries such as Mexico, China and India.
