Manufacturing shipments for 2000 were $2.14 billion, a 7.9% increase from 1999 and the first time shipment value exceeded $2 billion. Total employment fell by about 2,000, the result of declines in fish processing caused by reduced crab landings, changing market demands and increased technologies and efficiencies. Excluding fish processing, employment remained stable at 9,600.
Aerospace and Defence Industries
Small and medium sized manufacturers in the Province have carved a successful market niche through the exploitation of federal procurement opportunities and participation in large projects as sub-contractors. In less than a decade, the local industry has grown from a few companies to over 30 firms, 600 workers and $20 million in related business revenue.
These firms have a track record of technological innovation, efficient networking and an ability to adapt to market changes. They embrace a wide range of manufacturing and service areas that include the development, production and maintenance of commercial and military aerospace products, and products and services for marine and land-based applications.
Working with the Newfoundland Association of Technical Industries, government is actively promoting local capabilities by facilitating strategic alliances with large national and international companies and by identifying future
business
opportunities in these sectors. Three highly successful local firms are profiled below.
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| Outlook for 2001 |
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Total manufacturing shipment value is expected to post moderate gains. |
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Manufacturing employment is expected to remain stable at about 16,000. |
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Aerospace and defence activity is expected to grow, with the start of several important projects. |
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Northstar Network recently signed a Memorandum of Understanding with Lockheed Martin Canada to pursue industrial benefits opportunities on the federal government’s $2.8 billion Maritime Helicopter Program. Northstar Technical Inc., an affiliate of Northstar Network, is currently manufacturing submarine control consoles for Lockheed Martin. The value of the contract is $2.9 million.
NewTech Instruments, established in 1986, has grown to over 130 employees. Among other things, it currently provides over $4 million worth of instrument control panels for light terrain military vehicles. NewTech has been aggressive in pursuing other industrial opportunities and is committed to a long-term relationship with their business clients.
Canadian Helicopter Corporation (CHC) Composites recently secured a $9.5 million contract to manufacture advanced composite and
bonded- metal parts for Canada’s new fleet of AW520 CORMORANT search and rescue helicopters. |
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