WATERVILLE, Nova Scotia (May 2, 2012)—Nova Scotia provincial and local officials will fund a study to consider relocating a local airport, giving Michelin room to expand its Waterville tire plant.
The provincial government said the study will cost as much as $100,000, and is being conducted in cooperation with Michelin and the County of Kings. It is expected to be concluded by the end of summer.
Michelin makes truck, bus, earthmover and off-the-road tires at the 30-year-old Waterville factory, with a production capacity estimated at 4,200 units per day, according to information contained in the latest Global Tire Report from Rubber & Plastics News. The provincial government said Michelin employs 1,200 at the facility and 3,500 in Nova Scotia.
“Attracting, retaining and growing businesses like Michelin requires hard work, and we're ready to get that work done,” said Diana Brothers, warden of municipality of the County of Kings. “A successful feasibility study will show a way to support and promote Michelin's growth and the needs of the airport. I'm confident we'll find a win-win way to do it.”
The province is committed to helping companies compete in the global market via its jobsHere program, which generates good jobs for Nova Scotians, according to the provincial government.