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Park Lawn Co. Ltd. will invest $750,000 in Maritime Cold Storage Ltd., which owns a 55,000 ft2 cold storage unit that can accommodate 2.2 million ft3 of perishable goods. The Moncton, New Brunswick-based facility serves a range of seafood companies and producers of fresh produce throughout New Brunswick, Nova Scotia and P.E.I.
Park Lawn will hold preferred shares and 10 percent of the common shares.
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