Belledune land sale agreement could result in up to 40 jobs

Belledune crest

There could soon be a new tenant for Belledune's industrial park.

The Village recently passed a motion to sell a lot to Alberta-based AJN Wall Panel Ltd. for $6,000(+HST), approximately $9,000 below market value.

The company wants to develop a facility to manufacture wall panels and that the project could result in 30 to 40 jobs.

Lee says the agreement stipulates stipulates the project must begin within twelve-months and that its development must fall in line with what had previously been presented to the village.

He says the project could act as a catalyst towards the industrial park's future development.

Though the development is still not a done deal, Lee says the transaction the land purchase is expected to be completed sometime this month.

Lee says the company wants to hold public information session, either electronically or in person, in the coming weeks.