P.E.I. boosts Testori's line of credit
The P.E.I. government has increased the credit line of Testori Americas Corp. to $6 million from $4 million.
Allan Campbell, the province'sminister of Innovation and advanced learning, said he's confident the Summerside firmwill repay the province.
"That particular transaction is just to allow Testori to meet its short-term obligations with respect to production, and I think it's important to remember that Testori is certainly a significant employer in the western part of the province."
The firm, which employs 190 people at Slemon Park,manufactures interiors for the aerospace and mass-transit industries. It has been on P.E.I. since 1994.