$60-million Neptune investment means jobs in Sidney

SIDNEY - Ramsay Machine Works in Sidney, B.C. expects to double their workforce early next year to build new loading equipment to handle the growing demand for coal exports at Neptune Terminals in North Vancouver.

"Since 2007, our steelmaking coal exports to China have soared from 140, 000 to almost 4.4 million tonnes in 2010," said Transportation and Infrastructure Minister Blair Lekstrom. "Because we have a world-class transportation system, we are able to handle demand for coal from Asia and other parts of the world. Neptune Terminals is showing confidence in B.C. by investing more than $60 million, including a $20-million contract with Ramsay to build equipment right here in Sidney."

Neptune Terminals has signed a $20-million contract with EMS-Tech of Belleville, Ontario to build a new stacker-reclaimer at Ramsay Machine Works in Sidney. The contract is part of a larger $63.5-million terminal investment program at Neptune Terminals.

As the terminal increases volumes, ...