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Tuesday, July 19, 2011

Metal Shredder Expansion In Possible Jeopardy

The future of the 30 million dollar metal shredder expansion by American Iron and Metal on the city's west side may be in trouble.

Council voting to not allow NB Power to put above-ground power lines on city-owned land along the Fundy Coast.

The lines were intended to power the expansion -- Mayor Ivan Court hopes the project can be moved to an industrial park or another location.

There was also opposition from west side residents who worried about losing their view of the coast and a drop in property values.

The city is currently looking into what land is does own in the area and work by NB Power is on hold.

Our newsroom has placed a call to American Iron and Metal to see how this will impact the expansion.  We have yet to hear back.