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Maritime Geothermal Ltd. has secured a $1.64 million investment from the Atlantic Canada Opportunities Agency (ACOA) to expand its Petitcodiac facility by 15,000 square feet. The expansion aims to increase production capacity for NORDIC® air-source and geothermal heat pumps, meeting rising demand in Canada.

Scheduled for completion in February 2026, the project will create jobs and strengthen the regional housing supply chain. The investment is also expected to help builders reduce delays in housing projects and ensure quicker access to energy-efficient HVAC systems.