April 14, 2015 – Edmundston, NB – Atlantic Canada Opportunities Agency (ACOA)
IPL Inc. is rolling out a new thin-walled plastic container, SnapPack, for the food industry thanks to support from the Governments of Canada and New Brunswick.
The Honourable Bernard Valcourt, Minister of Aboriginal Affairs and Northern Development and Member of Parliament for Madawaska-Restigouche, and the Honourable Francine Landry, Minister of Post-Secondary Education, Training and Labour, Minister responsible for La Francophonie and MLA for Madawaska Les Lacs-Edmundston made the announcement today in Edmundston with company officials.
The project involved the purchase and installation of two new high tech robots and molds, allowing the company to produce its new line of thin-walled plastic containers. The new technology uses 15% less plastic and produces the new containers 20% faster than the ones the company previously produced at the Edmundston plant.
The Government of Canada, through ACOA’s Business Development Program, is providing a repayable contribution of $1,000,000 to support this project. The Province of New Brunswick is making a contribution of $336,000, while the company itself is investing $704,060 in the project.
Quick Facts:
Quotes:
“Our Government’s support is helping IPL Inc. maintain its competitive edge in the food container industry.
This investment will allow the company reach new levels of growth and sustainability, generate new competitive products, and increase New Brunswick’s manufacturing capacity.”
- The Honourable Bernard Valcourt, Minister of Aboriginal Affairs and Northern Development and Member of Parliament for Madawaska-Restigouche
“Investing in new and innovative technologies will help us create a job-friendly business climate. Our government is making an investment that will create opportunities and increase production capacity at one of our region’s largest employers, IPL Inc.,
- The Honourable Francine Landry, Minister of Post-Secondary Education, Training and Labour, Minister responsible for La Francophonie and MLA for Madawaska Les Lacs-Edmundston on behalf of the Hon. Bill Fraser, Minister responsible for the Northern and Miramichi Funds.
“IPL Inc. appreciates the partnership and support of the Government of Canada and the Province of New Brunswick in launching the production of our new product. This is an outstanding example of all levels of Government coming together with Industry and helping improve our ability to grow in a globally competitive environment. IPL is proud to be part of the Edmundston community and committed to continuing to invest and grow in the community. We look forward to working with all levels of government as we are seeking to bring new technologies to IPL Edmundston and securing a promising future for our employees and their families.”
- Paul Richardson, President of IPL Inc.
Associated Links:
Contacts:
Kelsie Corey
Director of Communications
Office of the Honourable Rob Moore
Atlantic Canada Opportunities Agency
613-941-7241
Ted Parisé
Senior Communications Officer
Atlantic Canada Opportunities Agency
506-260-7020
Bruce MacFarlane
Communications
Economic Development
506-453-8607
Pierre Hébert
Plant Manager
IPL Inc., Edmundston
506-739-9559
