News Release Archive

ECONOMIC RENEWAL--ERA PROGRAM PROMPTS EXPANSION
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National Sea Products Limited of Lunenburg is embarking on its
first major plant expansion since 1978 by building a new freezer
facility and introducing new product lines to improve its
competitive position within the food processing business.

Premier John Savage and National Sea president Henry Demone
jointly announced the $940,000 modernization project today at the
National Sea plant in Lunenburg.

The largest fish processing plant in Canada plans to build a
frozen storage facility for raw materials. The additional storage
space and lower temperature capabilities of the new freezer will
allow National Sea to expand its product line and process fish
such as salmon and hake from the southern hemisphere.

National Sea is converting a dry storage building from their
closed fishmeal plant to a -20 F facility that will maintain the
quality of temperature sensitive fish like salmon and (frozen at
sea) haddock. Lower transportation costs and reduced outside
storage costs will reduce overhead costs, allowing National Sea
to open new markets for these products in North America.

Premier Savage said, "This is an investment in our resource
sector and it's an investment in jobs. We're helping a company
that employs hundreds of Nova Scotians to reaffirm its commitment
to quality and become more competitive. Our investment will help
National Sea break into new markets and increase foreign exports.
That's the best way to create growth and new jobs in this
province."

Mr. Demone said, "Our participation with the shipper assistance
program ensures a brighter future for National Sea with the
expansion and modernization of the cold storage plant. These new,
value added products will be sold to new and existing customers
in North America under the High Liner brand."

National Sea Products Limited is investing approximately $460,000
toward the project cost, while the shipper assistance program,
administered by the Nova Scotia Economic Renewal Agency, will
contribute approximately $476,000. The shipper assistance program
funds new projects to develop out-of-region market opportunities
for Nova Scotia companies affected by the loss of the federal
transportation subsidy.

National Sea's refrigeration plant is energy efficient and
environmentally friendly. The modernization will employ local
contractors and take about six months to complete.

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Contact: Linda Laffin  902-424-8922 or (Cell) 902-497-4475
         E-mail: econ.llaffin@gov.ns.ca

         Paul Snow     902-634-8811

trp                      August 16, 1996 - 11:20 a.m.