HANTSPORT — A Nova Scotia company known around the world for its environmental practices will get a $21-million investment from the province.
HANTSPORT — A Nova Scotia company known around the world for its environmental practices will get a $21-million investment from the province.
Minas Basin Pulp and Power Co. Ltd., which diverts 45,000 tonnes of paper waste from the province’s landfills, will spend $27 million in capital improvements, including building a plant that will convert plastic garbage into biodiesel fuel.
"Today is one very happy and exciting day," company president Scott Travers told about 200 people gathered at the Hantsport firehall Wednesday for the announcement.
"This is a new world we are entering and this project is a great start to more projects we will embrace in the future.
"We all have to rethink our everyday actions, rethink how we conduct our businesses. This assistance from the province allows us to enter the next phase of sustainable restructuring."
The company, which employs 180 people and has a $10-million annual payroll, makes paper products from corrugated cardboard, manufacturing a 100 per cent recycled product.
It generates its own power through dams and last year won an international award for new technology in the recovery of heat.
Premier Rodney MacDonald said the province will invest $21.7 million in the expansion, which will add another 20 jobs.
"We are committed to investing in innovative and resourceful companies that contribute to job growth, a green environment and a strong economy," he said...
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