March 15, 2022, MONCTON (GNB) – Aerospace and defence company Marshall Canada is expanding into New Brunswick, securing a long-term lease for a land systems production and integration facility in Moncton that will create about 65 jobs.
“By creating the right conditions for growth, where companies like Marshall want to invest, our government is paving the way for a stronger New Brunswick,” said Arlene Dunn, minister responsible for Opportunities NB. “Marshall’s investment is an important win for our aerospace and defence sector and a testament to the strength of our province’s overall value proposition. This is a great sign of things to come and will mean high-quality employment opportunities for New Brunswickers, as well as direct and indirect supply chain opportunities.”
The company, which has offices in Abbotsford, B.C., and Ottawa, is eligible for up to $1 million from Opportunities NB in the form of a payroll rebate to be disbursed over five years to support the creation of 65 jobs with an average salary of $50,000. Based on its hiring plans, the company will spend up to $16.25 million in new salaries and benefits in the province over the next five years, meaning up to $6.5 million in direct provincial income tax revenue. The GDP impact of this investment is estimated at more than $22 million.
The federal government, through the Atlantic Canada Opportunities Agency (ACOA), is contributing $2 million to support building renovations and the purchase of manufacturing equipment.
“The Government of Canada is pleased to invest in Marshall Canada as it builds its new facility here in New Brunswick,” said federal Official Languages Minister Ginette Petitpas Taylor, who is also minister responsible for ACOA. “We are looking forward to working together to take advantage of future growth opportunities in the aerospace and defence industry. By strengthening our key sectors and investing in job creators like Marshall, we are helping to grow a thriving and inclusive economy for Atlantic Canadians.”
Marshall Canada is part of Marshall Aerospace and Defence, which is one of the United Kingdom’s largest privately owned defence businesses. The company employs more than 1,600 people through its operations in the U.K., northern Europe, North America, and the United Arab Emirates.
“I am delighted that we have been able to secure a suitable home for our land systems business in New Brunswick, and expect, over the years ahead, that Marshall will become a leading employer in the region, creating a host of high-value employment opportunities, both directly and through our broader supply chain,” said Marshall Canada managing director Sam Michaud. “We are particularly grateful for the support and guidance that we have received from a number of agencies, including ACOA, Opportunities NB, and Invest in Canada, without which we certainly would not have been able to bring our expansion plans to fruition on such an accelerated timescale.”
Abigail McCarthy, communications, Opportunities NB, email@example.com.