National Research Council Canada-NRC

National Research Council Canada-NRC

July 29, 2015 12:30 ET

Minister of State Holder and MP Goguen Announce Support for TRC Manufacturing

MONCTON, NEW BRUNSWICK--(Marketwired - July 29, 2015) - TRC Manufacturing, a division of TRC Hydraulics, will receive up to $668,657 in funding for two projects that improve upon existing tools for the mining, and oil and gas industries:

  • A contribution of up to $326,565 to support the development and fabrication of an innovative, low footprint, low-cost concentric pump jack for oil pumping shafts; and,
  • A contribution of up to $342,092 to support the development of a new undercutter for the salt mining industry.

Robert Goguen, Parliamentary Secretary to the Minister of Justice and Member of Parliament for Moncton-Riverview-Dieppe, along with the Honourable Ed Holder, Minister of State (Science and Technology), today announced the investment through the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP).

Since 1986, TRC Hydraulics has designed and built customized solutions for the mining, oil and gas, and offshore exploration industries. The company has built a reputation for its fluid power and motion control expertise to become Atlantic Canada's largest and most technologically advanced hydraulics distributor, manufacturer and service provider to customers in the mining, forestry, aquaculture, marine, oil and gas, and industrial sectors.

Quick facts

  • TRC Hydraulics Inc. employs 87 people in the Moncton area.
  • Through its national network of industrial technology advisors, NRC-IRAP provides support to SMEs in Canada in the development and commercialization of technologies.
  • NRC-IRAP works with industry to bridge technology gaps, helping build a more innovative Canadian economy that reflects today's global realities.
  • In 2014-2015, NRC-IRAP supported more than 10,000 SMEs with expert advisory services. More than 3,000 of these firms also received some form of financial assistance.

Quotes

"Our government is strongly committed to initiatives that support science, technology and Canadian industry. Like so many companies in Moncton and the surrounding area, TRC Hydraulics Inc. and their innovative work is critical to the Canadian economy. Our government will continue to put in place the tools that Canadian businesses need to grow, create jobs and secure long-term prosperity."

Robert Goguen, Parliamentary Secretary to the Minister of Justice, Member of Parliament for Moncton-Riverview-Dieppe

"As outlined in our government's science, technology and innovation strategy, we are harnessing the power of science and technology to create jobs and opportunities and to improve the quality of life of Canadians. Through the National Research Council of Canada's industry-driven approach, Canadian businesses are becoming more innovative and competitive globally while creating jobs locally."

The Honourable Ed Holder, Minister of State (Science and Technology)

"NRC-IRAP support has allowed TRC Hydraulics, through its manufacturing division, to develop innovative, technologically advanced custom solutions for the mining, and oil and gas industries, and to bring them to market successfully."
Terry Coyle, President and CEO, TRC Manufacturing (a division of TRC Hydraulics)

Additional links

- TRC Hydraulics Inc.

- Industrial Research Assistance Program

- Business Innovation Access Program

- Canada Accelerator and Incubator Program

- Youth Employment Program

Contact Information

  • Media Relations Team
    National Research Council of Canada
    613-991-1431
    1-855-282-1637 (24/7)
    media@nrc-cnrc.gc.ca
    Twitter: @NRC_CNRC

    Scott French
    Director of Communications and Parliamentary Affairs
    Office of the Minister of State (Science and Technology)
    343-291-2700