Old Federal Gypsum Plant Reopens
The company has revamped and modernized an existing facility that was once owned by Federal Gypsum before it shut down in 2008.
Cabot Gypsum’s sales manager, Reg MacLeod, said the company acquired the plant’s assets earlier this year and is leasing the facility from the government of Nova Scotia.
MacLeod said the company’s received no government funding in getting the facility up and running.
“We’ve just obviously opened and started our production but we expect ... significant job growth in the future once we get going, probably 12 months down the road,” said MacLeod. “It depends on the economy and things like that but we expect it to be nothing compared to the NewPage plant, which was a disaster for the area but we expect job growth to be growing as the plant grows.”
MacLeod said the facility is the province’s only gypsum wallboard plant.