New Brunswick Jiffy plant gets $750,000 in federal, provincial government help
October 8, 2013
By The Canadian Press
The New Brunswick and federal governments are contributing $750,000 to help Jiffy Products Ltd. improve its operations and generate new retail opportunities in the province.
Natural Resources Minister Paul Robichaud, who is also minister responsible for the province’s Regional Development Corporation, says the money will create 12 jobs at the company’s plant in Shippagan.
The company is acquiring new technology to increase productivity and energy efficiency, and reduce production costs at its Shippagan plant.
The provincial government’s share of the project is $250,000. The Atlantic Canada Opportunities Agency is providing the company with $500,000, which is repayable.
The Jiffy plant has been operating on the Acadian Peninsula since the mid-1970s. The Norwegian-based company employs more than 300 people at its plant in Shippagan, and makes pots, pellets and plastic trays.
- Siemens Canada to invest in smart grid research projects with University of New Brunswick
- CAE wins $50 million in contracts to sell four aircraft simulators to Africa and China