News Release Archive
NEWS RELEASE (CNS753) -->> ECONOMIC RENEWAL--NOVA SCOTIA PRIDE REVERSE TRADE SHOW ECONOMIC RENEWAL--NOVA SCOTIA PRIDE REVERSE TRADE SHOW ---------------------------------------------------------------- When Nova Scotia's largest manufacturers go shopping for parts and products, the province's smaller manufacturers would like them to look a little closer to home. The Nova Scotia Pride Reverse Trade Show, being held today, will bring the buyers and sellers closer together, making the shopping a little easier. Sponsored by the Economic Renewal Agency, the one day reverse trade show at Halifax's World Trade & Convention Centre's Port Royal Room, is about buying products made in Nova Scotia. Small and medium-sized businesses have an opportunity to meet with some of Nova Scotia's largest manufacturers and see the kinds of products they are currently purchasing outside of Atlantic Canada. It's called a reverse trade show because Nova Scotia companies will be displaying products they buy from outside the region. It's an opportunity for the smaller operators to see if they can supply those products, keeping the buy and sell transaction within the province. The larger companies would save on transportation costs and the smaller companies would land new contracts. Economic Renewal Minister Richie Mann said, "We're trying to strengthen local economies and I'm sure the bigger manufacturers would just as soon buy products made in Nova Scotia than elsewhere. The expertise and quality workmanship is here, it's just a matter of increasing the awareness level, for both sides." The reverse trade show is aimed at businesses manufacturing production parts, machinery and replacement parts, tooling, hand tools, packaging materials, plus work clothing and protective gear. Some of the larger companies displaying the products they currently buy outside the region include: Halifax Shipyards, Louisiana Pacific, Michelin, Trenton Works, Pratt & Whitney Canada, and the Sable Offshore Energy Project. " Until you put potential buyers and sellers together in a show like, a manufacturer in Pictou County may not know that there's a machine shop in Cumberland County that can make the specialized part he's been buying in Ontario for years," said Mr. Mann. This is the second reverse trade show put on by the Economic Renewal Agency. The first show was held in Stellarton last June, with 15 exhibitors and 65 potential suppliers meeting for the first time. Today's show runs until 5 p.m. and is open to the public. -30- Contact: Linda Laffin 902-424-6810 mfm Nov. 5, 1996 9:35 a.m.