"The agreements that we have reached provide
for fair and equitable treatment of FPI shareholders,
and more importantly, for the first time in a very
long time, we are able to provide security for the
workers of FPI,"
Premier Danny Williams
May 08, 2007
It was talked about, but not taken that seriously. I just heard the news on my way home for lunch.
Today, the Town of Burin learned that it's major employer, High Liner Foods is closing it's secondary processing facility throwing 200 people out of work. The company also announced that it will be closing its Danvers, Massachusetts facility in 2013.
Both facilities were picked-up when the P.C Government, with he support of the provincial New Democrats, passed legislation in the House of Assembly allowing the sale and breakup of FPI Ltd., one of Canada's largest seafood processors, to rivals Ocean Choice International and High Liner Foods Inc.
Earlier this year the company warned that the plant could be in jeopardy because of it's location and the cost of production. The company has acquired a newer processing facility in Virginia. The Burin operation will close in December.
30 years ago, than deputy mayor, current Premier Premeir Kathy Dunderdale, dug a trench across the gate of the fish plant in Burin to prevent the company from removing equipment. Her actions resulted in the fishing assets remaining, leading to significant investments in value added production. 30 years later the plant in Burin continued to employ a couple hundred people, until now.
Had she taken her government's "free market conditions must be respected" 2011 approach the plant would have been torn down.
High Liner, based in Lunenburg, N.S., purchased the secondary processing facility in Burin, as well as FPI's United States-based marketing arm. High Liner have committed to maintaining current employment levels at the facilities for at least five years.
How fast time flies?
This will be the third major former FPI processing facility to be shuttered since the province gave it's blessing to the deal. The OCI Plant in Fortune may be the fourth.
It took the Nova Scotian's 61 years to steal our fishery.
Anyone else feel hoodwinked!