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$200 million private investment in New Brunswick economy!
A refinery shutdown is also called a turnaround. During turnarounds refineries usually carry out inspections and replace or upgrade equipment to ensure safety, reliability and improve environmental performance.
“The Irving refinery spent $60 million in 2014 which employed 2,000 workers for a million hours. The turnaround was such a big event, it had a $51.6 million impact on New Brunswick’s GDP. This is in part because the many workers needed food, accommodation and other necessities, which benefited the local economy.” Source: www.canadianfuels.ca
This year’s turnaround, dubbed Operation Falcon #opfalcon, was just announced and involves a reported investment of $200,000,000! That’s over 3 times last year’s investment. This is the largest private sector investment in New Brunswick this year. The fundamental issue in determining the size of the economic impact is the “openness” (more…)
Wow! The World’s Biggest Bat! Made of steel, it weighs 68,000 pounds, stands 120-feet tall and leans against a building in Louisville Kentucky which looks almost identical to our #222water. The Big Bat is an exact-scale replica of Babe Ruth’s 34-inch Louisville Slugger bat.
What would you like to see on our waterfront?
The current group of owners are looking to sell or partner with investors with the goal of realizing 222 Water’s full potential. This downtown, central location is adjacent to the high-tech district and the fastest growing cruise ship location on the eastern seaboard. For more info on this opportunity click HERE
For more info on the Louiseville Slugger Museum and Factory click HERE