Lewis Mouldings Grows!

NS: Lewis Mouldings increasing sales, adding new equipment
By Staff, Transcontinental Media

Source: The Daily Business Buzz, Jul. 28/10

[WEYMOUTH, NS] – Lewis Mouldings and Wood Specialties is finding new opportunities and higher sales halfway into 2010. The manufacturer of finger-jointed pine mouldings and other value-added products has survived the recent economic downturn that has seen other similar businesses shrink or close.

As market demand rebuilds for its products, Lewis Mouldings is working to fill customer needs and capture a greater share of the market.

“We continue to run a successful business by employing hard-working people and staying focused on producing high-quality, value-added products,” says Jamie Lewis, general manager. “We are a family company in Nova Scotia and couldn’t imagine operating anywhere else.”

The province, through Nova Scotia Business Inc. (NSBI), is supporting Lewis Mouldings’ efforts to position itself for growth. NSBI has provided a $100,000 term loan for new equipment, including a large wood grinder, which will help convert by-products to fibre fuel. NSBI has also signed a guarantee that will enable Lewis Mouldings to increase its operating line of credit by up to $300,000 with its bank.

“Greater productivity, new market growth, creating good jobs and growing the economy are priorities that our government is encouraging and supporting,” says Economic and Rural Development Minister Percy Paris.

“Lewis Mouldings is a great example of a Nova Scotia company finding opportunity in the global market and taking action to stay ahead of the curve,” says Stephen Lund, president and CEO of NSBI. “NSBI is working proactively with companies that are investing in market growth, productivity and competitiveness.”