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31 THE OAKVILLE BEAVER Friday August 25, 2000 M a n n in g J e w e l l e r s --------------------- gg,---------------------· Finest Quality · Reliable Service for 20 Years G O L D S M IT H * D IA M O N D M E R C H A N T To reach this section call 845-3824 Fax:337-5567 Business B.F. Goodrich pleased with $1.5 m loan Company's aircraft landing gear division will use federal funds to create jobs in high-tech sector B y C a ro l B a ld w in OAKVILLE BEAVER STAFF The B.F. Goodrich Landing Gear Division in Oakville, will receive $1.56 million from the federal government, which will provide 22 new highly-skilled jobs in Canada - 17 of them at the South Service Road plant. The announcement was made on Wednesday morning by Oakville MP Bonnie Brown on behalf of John Manley, Minister of Industry. The money will be released in the form of a TPC (Technology Partnerships Canada) repayable loan to enable B.F. Goodrich to participate in a joint project between Canada and the United States that will involve the design and development of an alternative to hard-chrome plating in landing gear. The Hard Chrome Alternative Technologies (HCAT) project was formed to find an effective substitute to the chrome plating process, which has been associated with health and environmen tal risks. Barry Levoir, vice-president of Engineering for B.F. Goodrich, said the search for a substitute was in response to worldwide concern over the chrome plating process. Brown stressed that the new money would allow B.F. Goodrich to be part of a team aimed at "reaching a very impor tant goal.. .and I am confident that two countries, known for dri ving innovation in aerospace, will build the technology that's needed." She went on to say that Canada's "best and brightest" will set about to design and test replacement technology in the HCAT project. B.F. Goodrich will be testing the new coatings to see if they "perform adequately for the life of the aircraft," said Levoir. Three projects, involving repayable loans totaling $4.12 mil lion, are expected during the four-year development phase. (The (jyo other companies will be announced at a later date.) And it is (HVOF), which are more environmentally safe and cost efficient than chrome plating, will be tested on mostly Boeing 777s and compared with the old materials for strength and endurance "to demonstrate...that they will work in the long-term," he explained. "We will look at the coatings that we're using to see if they are viable and then do demonstration testing. And we'll do a fatigue stresses test whereby we take special cylinders, coat them with the new materials and the old materials and put a lot of fatigue stresses in there and some sheer stresses, and then com pare what happens." seeking business partners . . . New Internet Service Provider Enters Local Market. . . The latest dotcom success story could be YOU. Join Galaxy Internet's comprehensive Partnership Program end begin offering ISP service and specialized content. We can easily "re-brand" your company or organization aa an ISP. To loam more about how you can aam monthly income me an Internet Service Provider, contact: c & I N T E R > N E T G A L A X Y W e s u p p l y a l l th e e q u ip m e n t . W e d o a l l t h e b illin g a n d a d m in is t r a t io n . Y o u M a r k e t y o u r b r a n d , w e d e l i v e r t h e s e r v ic e (416)861-1031 E rik R u b b e n s . P a r t n e r D e v e lo p m e n t Photo by Riziero Vertolli Oakville MP Bonnie Brown gets close-up look at air craft landing gear, along with Barry Levoir, vice-presi dent of engineering for the B.F. Goodrich Landing Gear Division in Oakville. after that four years - in 2004, that the first payment of the loan will be due, Gerald Conaboy, director of government relations, said in an interview after Brown's announcement. Conaboy explained that High Velocity Oxygen Fuels There's a whole new wormout mere. discover it today. W W W . c v i lie b e a v e r , c o m Edw ard Jones The Case for Bonds A seminar that will explain: |T h e role of bonds in a volatile market I The differences between GICs and Bonds invites you to attend Tom Yoon, M BA CANADIAN FIXED INCOME DEPARTMENT Featuring as speaker: T h u rs d a y , S e p te m b e r 7, 7 :0 0 p .m . O a k v ille P u b lic L ib ra ry 120 N a v y S tre e t, O a k v ille , O n t | How bonds can help you achieve your income goals The seminar is free, but seating is limited. Call for reservations: 338-6161 Stephen Ison HODunnScreet Oakville ON L6J3E1 Matthew Lang^ond Dennis Metz 1395 Abbeywood Drive, Unit #12 Oakville ON L6M3B2 461.ikeshorr Road W est OakvtUcON L6K1C7 Ronald Prokop 635 Fourth Line, Unit #10 Oakville ON L6L5W4 Vikram Dart 77 Bronte R oad, Unit 4101B Oakville ON L6L3B7 LouChannell 2251 WestoakTrails Bkd, Unit #4 Oakville ON L6M3P7 Edwardjones Serving Individual Investors Member CIPF www.edwardjones.com