Oct. 22, 2009
EDMUNDSTON (CNB) - The provincial government is investing $800,300 in an energy infrastructure project in Edmundston.
Business New Brunswick Minister Victor Boudreau, minister responsible for the Regional Development Corporation, made the announcement today. Joining him were Edmundston Mayor Jacques Martin and Pierre Hébert, IPL Inc. plant manager.
Under the $50-million Northern Economic Development Fund, funding will be provided to support the continued growth of IPL Inc., securing 180 full-time jobs at the plastic food-packaging plant. The City of Edmundston is investing $85,000 in the project, which will see the installation of a substation that will provide growth opportunities in the Edmundston North Industrial Park.
"IPL has been a critical component of the northern New Brunswick economy, supporting families in this community for more than 30 years," said Boudreau. "We are proud to contribute to this important infrastructure project, which will ensure the success of this company long into the future."
IPL Inc. specializes in manufacturing high-end, injection-moulded, plastic food-packaging containers, employing 1,100 people at its four plants in New Brunswick and Quebec. The company opened its Edmundston facility in 1987.
"Thanks to this important provincial contribution, along with the $85,000 investment from the city and with the co-operation of the private sector, we are making sure that a well-established company such as IPL can continue to move forward, and that the Edmundston North Industrial Park still has the energy capacity to welcome new businesses," said Martin.
Hébert said that the energy infrastructure project is part of a long-term plan to make the operation more energy efficient.
"We are also working with other federal and provincial agencies to find ways to cut our carbon footprint by replacing old equipment and improving our transportation methods," he said. "We are investing to ensure that our Edmundston plant can remain a sustainable and profitable employer for northwestern New Brunswick."
MEDIA CONTACT: Bruce Macfarlane, corporate secretary, Regional Development Corporation, 506-444-4606.