Millbrook & Melford Sign Investment & Consulting Agreements
Millbrook First Nation Band Council through the Millbrook First Nation Economic Development Corporation has invested in the Melford International Terminal Project at the Strait of Canso. Also, Millbrook will serve as advisor to Melford on all First Nation issues, including land and environmental matters. Melford President Paul Martin said his company is extremely pleased to have Millbrook as a partner and an advisor. Martin said, "This band has earned a reputation as an aggressive, forward-thinking group and we are delighted with the confidence they have demonstrated in our project and our ability to deliver". Millbrook was impressed by the quality of the investors and partners that Melford has attracted and stated that the Melford team has the ability to bring the project to reality, and that was a significant factor in the band's decision to be a partner and advisor.
About Melford International Terminal Inc.
Melford Terminal is a Nova Scotia company that is developing a container terminal, rail intermodal facility and logistics park at Melford, Guysborough County on the Strait of Canso. Melford Terminal intends to capitalize on the opportunities presented by the rapid growth in Asian - North America trade and is scheduled to open in early 2011. Site illustration of the Melford Internation Terminal
Site illustration of the Melford Internation Terminal
The Melford Advantage
Melford Terminal will be the closest deep-water terminal in Mainland North America to Europe and the Suez. The terminal will employ state-of-the-art technology, modern labour rules, innovative intermodal options and emerging security measures in one of the lowest-cost environments in North America. The geography, ice-free deep-water and the availability of thousands of acres of industrial land which can be developed adjacent to the terminal provides a unique and unmatched opportunity.
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