Caledonia Estates Home to New Brunswick's Largest New Manufacturing and Distribution Investments in 2003
Two major new construction announcements and a major building expansion dominated the good news for growth during 2003, in Caledonia Industrial Estates (CIE).
CIE was significantly expanded in size in the mid 90's by Moncton Industrial Development (MID), Moncton's municipal industrial development agency. Since its re-opening demand for serviced lots has been building and in 2003 contributed to MID's best year of announced developments and land sales in the history of the agency.
Caledonia Industrial Estates is located on Atlantic Canada's transportation and freight corridor, the Trans Canada Highway, Route 2, as the major east-west link circumvents Moncton's northern city fringe.
This fall's announcement by Irving Personal Care Ltd. of construction of a 150,000 square foot plant, valued at $60 million in construction cost, which is sited on a massive 45-acre lot footprint is located on Harrisville Blvd and Frenette Drive West, in Caledonia park. Additional details on the new plant, currently under construction for a June 2004 opening, are available on this site under Business Moncton. Company officials estimate that the new plant will initially employ 105 skilled workers, operating three production unit lines in Canada's only diaper manufacturing plant. This is a major business expansion into a completely new venture for the Irving Group which already produces private-label tissue products for a number of large retailers under its sister company Irving Tissue.
Following the early September Irving announcement was the announcement of another major production and distribution facility location for Caledonia Industrial Estates, made by Maple Leaf Foods' manufacturing and commercial division, Shur-Gain.
Shur-Gain is investing $15-million in a new state-of-the-art feed mill in Caledonia on a 30 acre lot, and with actual facility construction slated to start in the Spring, it is projected to officially open by early 2005. The state-of-the-art mill will produce 225,000 tonnes per year of dairy, beef, swine, poultry and other livestock feed. The plant will be fully automated to include receipt of orders, ingredients, batching, process control and shipping. "This facility will allow us to be even more responsive to the needs of our Atlantic Canada customers and meet the highest global standard of food safety practices," said Jerry Vergeer, President of Shur-Gain, in a company press release.
"The mill will use the latest production technology to efficiently provide our customers with quality products and integrate the latest in leading edge safety controls, delivering on our commitment to food safety and quality assurance," he said.
Construction of the new plant is expected to take 12 plus months to complete. Additional information on Shur-Gain's announcement for Caledonia park is available on this site under Business Moncton.
Moncton's growth reputation received another boost during 2003 with the announcement by Spielo of a doubling of their 55,000 square foot recently renovated facility with the addition of another 50,000 square foot expansion on Caledonia's 328 Urquhart Drive. This new expansion in the building's size is now under construction. The company produces a full line of gaming products including central, on-line and video gaming systems and components, which are sold in 17 jurisdictions around the world.
In late 2003, Spielo's global business growth strategy took on renewed resources with the acquisition of Spielo, by GTECH Holdings Corporation (NYSE: GTK), of Rhode Island, US. "As a world-class provider of video lottery solutions, Spielo has built a reputation of providing its clients with preference-driven products, outstanding customer service, and industry leading innovations," said GTECH President and CEO W. Bruce Turner. "By acquiring Spielo, GTECH is better able to deliver a complete, integrated VLT solution to our customers and prospects, with a single point of contact and accountability."
Spielo CEO Jon Manship said, "Spielo's acquisition by GTECH will afford the company the resources and access to new markets needed for it to grow to the next level of competitiveness. Of significant importance to me as the founder of the company, this deal will also help to secure our future and that of our workforce here in Canada." GTECH, a leading global information technology company with $1 billion in revenues and 4,900 people in 43 countries, provides software, networks, and professional services that power high-performance, transaction processing solutions.
More information on the purchase and integration into GTECH's global marketing and distribution systems is available by clicking on the link below.Previous