Province Invests in Guysborough Company
The province is helping Authentic Seacoast Company expand its operations and create new jobs in rural Nova Scotia. Jim Boudreau, MLA for Guysborough-Sheet Harbour, on behalf of Economic and Rural Development and Tourism Minister Percy Paris, announced today, Sept. 13, a $1.19-million Nova Scotia Jobs Fund investment in Authentic Seacoast Distilling Company Ltd., that is expected to create 35 new jobs in Guysborough. “We understand the importance of investing in our businesses and helping them remain productive and competitive,” said Mr. Boudreau. “By helping this successful and important employer in Guysborough, we are growing the economy and supporting jobs in rural Nova Scotia.” The investment is a $1-million forgivable loan and a capital incentive of $191,000. The $2.7-million project will allow the company to create an artisan distillery in the town of Guysborough that will operate year round. Authentic Seacoast Company is also starting a coffee roasting business and bakery and expects to double its workforce within the next five years. “We are honoured by this expression of confidence by the province in the Authentic Seacoast Company, and our longstanding efforts to create a notable destination and enterprise, leading to meaningful and sustainable employment growth in Guysborough County,” said Glynn Williams, president/CEO of Authentic Seacoast Distilling Company Ltd. “We are looking forward to joining other artisan-scale distillers in the country, as we create distinctive products that appeal to consumers looking for a connection to the people and place that their purchases originate.” Authentic Seacoast Distilling Company Ltd. is part of the Authentic Seacoast Group, wholly owned by Mr. Williams. The group owns and operates a number of Guysborough businesses, including DesBarres Manor Inn, the Rare Bird Pub and Eatery, Osprey Shores Golf Resort, Authentic Seacoast Brewery, Harbour Belle Bakery and Full Steam Coffee Company. “We hope that our products will serve as ambassadors for Nova Scotia and Guysborough, and that we will be able to share a wee dram with those who come to experience the East Coast as It’s Meant to Be,” said Mr. Williams. The Nova Scotia Jobs Fund pursues investment opportunities for communities in transition, industry sectors, regional support, small businesses programs, infrastructure and large industrial ventures.