canadian hr reporter Nova Scotia invests $4.4 million in Michelin plant
canadian hr reporter - article display
Michelin Canada is expanding its facility in Bridgewater, N.S., a $36-million project that will result in the creation of more than 30 jobs.
The province of Nova Scotia is investing about $4.4 million to help expand and modernize the steel cord products operation at the facility, while the tire manufacturer is putting up $32 million. But the expansion is about more than the 36 jobs to be created in 2008, said Premier Rodney MacDonald, it's about encouraging big employers to stay in the province.
"Attracting continued investment from global companies like Michelin is a key factor to building a prosperous economy and providing stable, long-term employment in our local communities," said MacDonald.
"This investment supports our commitment to the success of our advanced manufacturing industry in rural Nova Scotia."
About 3,500 people work at Michelin's three plants in Nova Scotia, making the company the fourth-largest employer in the province. More than 1,000 are at the non-unionized factory in Bridgewater.
Michelin has been operating in Nova Scotia for 35 years. In that time, the province has given the company $134 million in investments and loans.
Michelin Canada is expanding its facility in Bridgewater, N.S., a $36-million project that will result in the creation of more than 30 jobs.
The province of Nova Scotia is investing about $4.4 million to help expand and modernize the steel cord products operation at the facility, while the tire manufacturer is putting up $32 million. But the expansion is about more than the 36 jobs to be created in 2008, said Premier Rodney MacDonald, it's about encouraging big employers to stay in the province.
"Attracting continued investment from global companies like Michelin is a key factor to building a prosperous economy and providing stable, long-term employment in our local communities," said MacDonald.
"This investment supports our commitment to the success of our advanced manufacturing industry in rural Nova Scotia."
About 3,500 people work at Michelin's three plants in Nova Scotia, making the company the fourth-largest employer in the province. More than 1,000 are at the non-unionized factory in Bridgewater.
Michelin has been operating in Nova Scotia for 35 years. In that time, the province has given the company $134 million in investments and loans.
posted by Tina Kyrtsos and Mario Ferrer at 7:30 AM
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