Parkland Fuels has reportedly received a $4-million grant from a City of Calgary investment fund in turn for doubling its number of employees in the Stampede city.
The company says it will be bringing 200 jobs to its Calgary headquarters by early next year, says Postmedia — and most of the jobs will come at the expense of Red Deer, the city where Parkland Fuels was founded.
The company was one of central Alberta’s biggest success stories after being started by Jack and Joan Donald in the early 1960s.
Parkland Fuels’ consolidation is costing Red Deer 120 jobs.
“This decision wasn’t taken lightly,” the company in a statement in February when it announced the upcoming closure of the Red Deer office.
“Red Deer has always been very good to our company, and we have deep respect for this community.”
More to come …