The Provincial Government is investing $250,000 in EcoAxis Inc. through the Business Investment Program to provide a more efficient and environmentally responsible method for accessing remote and environmentally sensitive sites.

The company’s Access Solutions Hub Composite Matting Rental Fleet Inventory Project will increase its inventory of reusable composite matting, helping industries access remote and environmentally sensitive sites while protecting ground surfaces, supporting equipment movement and reducing environmental impacts.

As the sole provider of composite mat rentals in Newfoundland and Labrador, and the only company offering a full range of matting solutions from light-duty to ultra-heavy-duty applications in Atlantic Canada, the company is helping position the province as a strategic hub for the emerging access solutions industry. This supports the Provincial Government’s commitment to long-term economic growth while strengthening the province’s role in a growing and specialized sector.

The investment will expand local service capacity, provide a sustainable alternative for temporary access and ground protection and strengthen supply chains that support key industries throughout the province. The project is expected to generate economic benefits for Newfoundland and Labrador while supporting environmental sustainability objectives.

Quotes
“Our government is committed to helping Newfoundland and Labrador businesses innovate, grow and compete. Through this investment, EcoAxis will be able to expand its operations, strengthen service capacity and support industries that rely on safe and efficient access to remote worksites.”
Honourable Lin Paddock
Minister of Jobs, Growth and Rural Development

“This investment will allow EcoAxis to support more projects with reliable access solutions that help protect environmentally sensitive ground. By expanding our reusable composite matting rental fleet, we give companies the option to access the mats they need through project operating budgets, without the upfront capital investment. We appreciate the Provincial Government’s support in strengthening our capacity to serve Newfoundland and Labrador and beyond, demonstrating how economic growth and environmental responsibility can go hand in hand.”
Renita Dominaux
President, EcoAxis

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