Tri-Star president and CEO Keith Condon speaks during a funding announcement by the province concerning an expansion of Tri-Star. TINA COMEAU PHOTO
By Tina Comeau
When funding was announced this past spring for an expansion of Tri-Star Industries Ltd. it was said the project would begin moving forward this fall.
And that is still the intention says Keith Condon, Tri-Star president and CEO.
“We’re buried in work at the moment and we’re negotiating with the province on the next generation of ambulances so we’re sort of working our way through that because that sort of, in a way, shapes our expansion,” says Condon. “So in another month or so that will be done and we’ll be off and running.”
In April the provincial government announced $2.4 million to help Tri-Star Industries expand its manufacturing facility. The federal government also announced $195,000 in funding.
Tri-Star will add up to 10,000 square feet of production space and make upgrades to its machine, engineering, design, paint, testing and research and development facilities.
The $2.4-million provincial investment comes in the form of a 10-year repayable, interest-bearing loan from the Nova Scotia Jobs Fund. Aside from supporting more than 60 existing jobs, the expansion will create up to 16 more jobs.
The expansion, it was said at the time of the funding announcements, will be an off-site facility that will compliment the company’s existing plant on Forest Street.
“We have several locations and have to zero in on that,” Condon says.
Founded in Yarmouth in 1973, Tri-Star Industries is a custom vehicle manufacturer specializing in ambulances. The company has supplied its products to 45 countries since it began exporting in 1979. It supplies Nova Scotia with all of its ambulances.