Wednesday, November 28, 2007
Let’s play connect the dots Telegram editorial
Atlantic Wallboard Ltd. in New Brunswick is on the list as having received a $35-million conditionally repayable loan from the Atlantic Canada Opportunities Agency to build a synthetic gypsum wallboard manufacturing plant.
The $90-million plant was touted as Canada’s “most modern wallboard operation in Canada” by its main proponent, the J.D. Irving empire.
The project was announced in February.
Five months later, in July, Lafarge closed its gypsum plant in Corner Brook — at the time, a company spokesman blamed “increasing competition in the Atlantic region along with a slumping wallboard market.”
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