May 28, 2010 - Fredericton|
Business New Brunswick
The provincial government is providing a $1.5-million loan to Floating Pipeline Co. Inc., a Saint John company that manufactures modules to transport compressed natural gas. The loan is for working capital and to purchase new equipment.
From left: Supply and Services Minister Ed Doherty; acting Business New Brunswick Minister Jack Keir; Steven Williams, vice-president marketing, Floating Pipeline Co. Inc.; Len Thompson, president, Floating Pipeline Co. Inc.; and David Thompson, vice-president engineering, Floating Pipeline Co. Inc.