Design Manufacturing

Sales to nearly triple since first BDC loan

Quickly growing specialist in high- precision machining using the latest technology to offer quality service and fast turnarounds

About the company

Machine shop manufacturing components for subsea, oil and gas, marine and aerospace companies.

Location: Mount Pearl, Newfoundland and Labrador

Industry: Machine Shop

Entrepreneur challenge

The company’s growth was stagnating. It had opportunities to pursue larger, higher-margin jobs, but it was being held back because of a lack of capacity due to the size limitations of its machinery. Financing for new equipment was difficult to obtain from traditional lenders.

BDC expertise

The co-owners of the company obtained several BDC loans to purchase larger CNC equipment, including a large capacity lathe, a larger, 5-axis milling machine and a 5-axis water jet machine. The new equipment allowed the business to pursue larger jobs, improve productivity and diversify into new markets.


Tell us about your project

Get financing to sustain your business’ growth.

Contact us
Your privacy

BDC uses cookies to improve your experience on its website and for advertising purposes, to offer you products or services that are relevant to you. By clicking ῝I understand῎ or by continuing to browse this site, you consent to their use.

To find out more, consult our Policy on confidentiality.