Harris Rebar officially opened a new fabrication yard in Seal Cove on Tuesday.
Their original site was in Mount Pearl, but the company said there was no room there for growth. At the new location, they have nearly doubled their work space.
Basil Maclean, the company's area manager, says the new site will help increase production.
"We were stale where we were. There was nothing happening and there was no growth potential," Maclean said. "And if you're looking at bidding on big work, the question was always, 'How are we going to do it?'"
He also said the new $2.5-million site should help boost worker morale.
"You give them good quality equipment to work with and they have pride in that," Maclean said.
Daniel Guy, a Harris Rebar employee, said the new gear is much appreciated.
"Good new machinery, so we should be able to do a lot of steel," Guy said.
Rebar is used in the construction of bridges and buildings, and a lot has been used by Vale in Long Harbour.
With the increase of production capacity, the company is hoping to get in on even bigger projects, such as Muskrat Falls.