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News Release - May 11, 1999 PRINCE ALBERT FOREST NURSERY TO INCREASE CAPACITY BY THREE MILLION SEEDLINGS
Environment and Resource Management Minister Lorne Scott today joined
Pacific Regeneration Technologies (PRT) President and CEO Evert Van Eerden to turn the sod on a greenhouse expansion at the company's Prince Albert Forest Nursery. PRT announced today its intention to expand the Prince Albert facility's greenhouse capacity by 65,000 square feet, enough space to grow an additional 3 million seedlings. Currently, the nursery has capacity to grow approximately 10 million container seedlings per year. "I'm pleased to congratulate PRT on their continued growth and success," Scott said. "The company has every right to be very proud of their contribution to reforestation and to the continued sustainability of Saskatchewan's forests." Under a long-term lease signed in July 1997, the Victoria-based PRT took over operation of the provincially-run Prince Albert Forest Nursery and expanded the operation's container growing capacity to address increased demand by government and the forest industry. The expansion announced today will bring the company's total capital investment in the facility to approximately $3.2 million. "We are very pleased to be able to participate in and contribute to the growth of the forest sector in Saskatchewan," Van Eerden said. "Growing is our business." Many of the seedlings produced by PRT will be used by government and industry for reforestation projects in northern Saskatchewan. Recently announced expansion plans for Saskatchewan's forest sector are expected to create 10,000 jobs and generate $850 million in private investment. This anticipated growth, together with new legislation requiring full renewal of harvested areas, is expected to increase demand for the high-quality seedlings produced by PRT. "An expanding forest sector in Saskatchewan, with a focus on sustainability, will create opportunities for many businesses, including PRT," Scott said. "PRT's expansion enhances their capacity to supply quality grown-in-Saskatchewan seedlings and to play a significant role in maintaining the long-term health of our forest ecosystems." Expansion by PRT will generate benefits to the local economy during the construction phase and the continued operation of the expanded nursery generates approximately 100 seasonal and full-time jobs. Construction at PRT will begin this summer and be completed in time for the year 2000 growing season. -30- For more information, contact: Al Willcocks Robert A. Miller SERM PRT Inc. Prince Albert Victoria, B.C. Phone: (306) 953-2225 Phone: (250) 381-1404 |
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