Date : March 14, 2014
Jim Irving, co-CEO of J.D. Irving Ltd. announced earlier this week that it plans to spend $450 million to modernize mills throughout the province. Irving says, they will spend $38 million modernizing the sawmill production. The projects will include construction of a new sawmill in Doaktown and a new studwood production line in, Chipman.
The news of the spending comes just days after the provincial government lifted a cap on the amount of softwood it will make available to the forestry industry, from Crown land. New Brunswick's 10 year forestry plan and Irving's spending, should help generate close to 400 full-time and seasonal jobs in the province.
I think this is incredible news for our province. It's nice to see the government finally make the move to lift the cap on softwood, because it has a lot to do with mill closures throughout the province. Irving's plans to modernize mills throughout the province is also fantastic, especially in Doaktown and Chipman. I could almost see the $$$$ signs in Pete's eyes when he heard the announcement. Not only will jobs be created, but there's more job security as well.
http://atlantic.ctvnews.ca/irving-says-it-will-spend-38m-to-modernize-sawmills-in-n-b-1.1729620
This is more great news for New Brunswick. Your right, more jobs will come to us. However I think Irving is become too greedy. They do too much within the company and do not branch out. For example they do all the trucking gathering oil or gas and I read also that they will be cutting down a large amount of trees. I think Irving needs to branch out and get other people to do trucking or something to help the economy more.
ReplyDeleteThat is fantastic Kelly. I know this is good news to many families just like your own. I hope this is a real recovery for our province, as it is in our blood, so to speak. I think New Brunswick could really have some prospective years to come. Any boost for our economy is a win in my books.
ReplyDelete