Shelburne, Newfoundland & Labrador, South Shore gets welcome investment

The Municipality of Shelburne welcomed an announcement by Cooke Aquaculture that they have selected the Shelburne area as the site for their next value added processing facility, net and cage repair facility, and feed warehouse distribution facility. The project represents a direct investment of approximately CAD$150 million and the creation of approximately 350 year round full – time jobs. This project will also result in an estimated CAD$32 million in payroll and an additional 640 indirect jobs.

The Municipality of Shelburne has been working quietly with the company in the past several months to ensure that Cooke had all of the necessary information to develop their business case for a facility in Shelburne. Representatives from the Municipality and the Town of Shelburne visited Cooke head office in New Brunswick several months ago and have had steady dialogue with senior members of the Cooke executive team on an ongoing basis. Read more...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.