May 26, 2015


Business

Price Group expansion to include training, testing facilities

The Price Group of Companies has announced a major expansion of its Winnipeg manufacturing headquarters that will create 150 new jobs over the next five years.

Company chairman and CEO Gerry Price told dignitaries and media attending a morning news conference the 50,000-square-foot expansion will include a new state-of-the-art training facility and sophisticated testing areas, along with increased manufacturing capacity.

E.H. Price Chairman and CEO Gerry Price at the podium beside Premier Greg Selinger for the announcement of the company's 50,000-square-foot. expansion of Price's Winnipeg manufacturing headquarters.

WAYNE GLOWACKI / WINNIPEG FREE PRESS

E.H. Price Chairman and CEO Gerry Price at the podium beside Premier Greg Selinger for the announcement of the company's 50,000-square-foot. expansion of Price's Winnipeg manufacturing headquarters. Photo Store

The Manitoba government will provide a $10-million repayable loan and a $1.5 million grant to help train the new workers needed for the expansion.

The City of Winnipeg will provide tax incentives of up to $800,000 over the next 15 years.

The Price Group of Companies is North America's largest manufacturer of air distribution, heating, cooling and ventilation equipment for the non-residential sector.

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