Sept. 5, 2008
SHIPPAGAN (CNB) - An investment of $471,250 will be made to increase production capacity and create 42 jobs at Jiffy Products (N.B.) Ltd. in Shippagan, Premier Shawn Graham announced today.
"Working with a major company like Jiffy Products (N.B.) Ltd., shows our government's commitment to economic development in Shippagan and New Brunswick," said Graham. "We are putting New Brunswick on the road to self-sufficiency by investing in the Acadian Peninsula region, and helping to create more employment in all regions."
Joining Graham for the announcement were Transportation Minister Denis Landry; Finance Minister Victor Boudreau, who is also minister responsible for the Regional Development Corporation; Wellness Culture and Sport Minister Hédard Albert; Shippagan Mayor Jonathan Roch Noël; and Zoël Gautreau, executive vice-president of Jiffy Products (N.B.) Ltd.
Funding provided through the Regional Development Corporation under the $50-million Acadian Peninsula Economic Development Fund and the national Community Development Trust will permit Jiffy Products (N.B.) Ltd., to develop and design three new, high-quality production units to develop value-added products for new export markets.
"We would like to thank Premier Graham and the Province of New Brunswick for their support," said Gautreau. "Our product demand has drastically increased over the last few years because of the need for more environmentally safe products and the rise in prices of petroleum-based peat containers. To accommodate this recent growth I am pleased to announce that Jiffy N.B. will increase its peat-container production capacity by 40 per cent with the addition of the most sophisticated equipment."
Jiffy Products (N.B.) Ltd. established a modest production facility in Shippagan in 1976, implementing European technology to supply the North American market. More than 30 years later, the company produces peat containers, pellets, plastic trays, and a wide variety of retail products, which it ships worldwide.
MEDIA CONTACTS: Marie-Andree Bolduc, Office of the Premier, 506-453-2144; Bruce Macfarlane, Regional Development Corporation, 506-444-4606.