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Nova Chemicals To Spend $900-Million On Expanding Joffre Plant

by Kirk Stephens on March 8, 2012

One of Central Alberta’s largest employers, Nova Chemicals today announced that they plan to spend upward of $900 million to increase their Joffre chemical plant production by as much as 40%. This is welcome news for Red Deer and Central Alberta, as the construction of this facility will create as many as 500 construction jobs, while the plant expansion is being built, as well as an estimated 150-250 additional full-time skilled trade employees will be needed to operate the production facility, once construction is complete.

Construction is to begin in 2013 and will be completed and in operation by 2016.

This announcement from Nova is sure to put additional strain on employers in the oil & gas sector who are already facing a shortage of skilled trades people to fill vacancies in the oil patch. Red Deer continues to be a hotbed of economic activity and job creation, while much of the rest of the country is suffering from a decrease in employment opportunities due to the weakened global economy.

Red Deer could very well be set to take another population leap, as workers move to the area looking to take advantage of our many employment opportunities. This should be good for all of us who call Red Deer and Central Alberta home as the increase in population and incomes will be sure to have a positive impact on our local economy.

Let’s hope that our provincial politicians and city Councillors are ready to provide the funding necessary to keep up with the increase in demands that additional population will bring with it. We don’t want to find ourselves behind the eight ball in terms of infrastructure, schools, community centers, and hospitals.

Good on you, Nova Chemicals!

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