PEI

P.E.I. approves $3M credit for company

The P.E.I. government is securing a line of credit worth up to $3 million for an Island manufacturing company.

The P.E.I. government is securing a line of credit worth up to $3 million for an Island manufacturing company.

Trout River Industries, which manufactures specialized trailers for hauling large loads such as gravel, is located in Coleman, Prince County. It has markets across Canada and in Australia.

The money is coming through the Island Investment Development Incorporated in the form of a revolving line of credit.