Dec. 15, 2008
SAINT JOHN (CNB) - The provincial government is providing a forgivable loan to help the IT firm Mariner create 30 jobs in Saint John, Moncton and Fredericton. Business New Brunswick Minister Greg Byrne made the announcement here today.
"Our government is proud to continue its partnership with this leading IT services provider as it continues to expand in Saint John and Moncton," said Byrne. "Mariner is a proven leader in the ICT sector, and by collaborating with companies such as this, we are demonstrating our government's commitment to the knowledge industry and to the diversification of New Brunswick's economy. Partnerships such as this one will help us move the province toward self-sufficiency by 2026."
Byrne was joined by Curtis Howe, president and chief executive officer of Mariner; Supply and Services Minister Ed Doherty; and Saint John Mayor Ivan Court at the announcement.
The government is providing an $8,000 forgivable loan for each of the 30 jobs being created in New Brunswick. This funding will be used to help train employees and offset the equipment and capital costs associated with the creation of these positions.
"We appreciate the province's help with Mariner's ongoing expansion," Howe said. "This assistance is also vital to New Brunswick's economy by supporting the retention and creation of IT jobs. Mariner wants to expand its Saint John and Moncton operations to better support customers globally."
Since it began operations in 2003, Mariner has grown from the initial five founders to a company of close to 100 professionals. Mariner provides multi-faceted consulting and IT services to companies in New Brunswick and beyond. Mariner assists companies with strategic business analysis, project management, and other specialized IT skills.
"The clear commitment that Mariner has shown to the province of New Brunswick underscores our government's message that in New Brunswick companies can be more successful," Byrne added.
The government has developed a balanced approach to economic development with three priorities: investment attraction; retention and expansion of New Brunswick businesses; and cluster development.
This investment in Mariner is part of government's strategy to help existing companies expand and be more profitable in New Brunswick.
Other recent announcements supporting government's retention and expansion focus include 230 jobs at Cooke Aquaculture in St. George; 10 jobs at Maritime Cold Storage in Portage; 10 jobs at AL-PACK in Moncton; 30 jobs at the Bristol Group in Richibucto; and 50 jobs at Floating Pipeline Co. in Saint John.
MEDIA CONTACTS: Ryan Donaghy, communications, Business New Brunswick, 506-453-2694, e-mail, email@example.com; Marie Jo Thibault, Mariner, 506-650-6111, e-mail, firstname.lastname@example.org.