As a customer, Grieg Seafood highly promotes local purchasing. They provide vendors with sufficient notice of materials and supplies required, ensures there are plenty of details given surrounding material requirements, and has all payments made in a timely manner. From another perspective, Grieg believes in hiring locally and has instilled confidence in consumers. Not only has this been able to keep locals’ home, but the local employees have also brought more economic growth to businesses in the area. On top of this, Grieg Seafood also has numerous contractors working in conjunction with them on the development of this industry, which in turn has led to a larger increase in the support of local businesses as well.
The impact of Grieg has been positive so far in the short term, but the real impact will be what we see positively with the long term; having stable employment, business and attracting more youth to the area.
Although COVID has brought about great uncertainty, Grieg Seafood Newfoundland’s continued activity and business has brought about stability during otherwise unstable times. When speaking with Derek Fudge, the Director of Castle Building Centres Group Ltd. in Marystown, NL, about the impact of Grieg Seafood Newfoundland in the area, he stated that even in the face of COVID, he has “seen positive sales growth” from Grieg and their supporting employees and contractors; this summer of 2020, Castle was able to hire more employees, including students, than they have in the past.
When asked about the local and business impact Grieg has had thus far, Derek was very optimistic, not only for the current climate but also for the future of the area:
“The impact of Grieg has been positive so far in the short term, but the real impact will be what we see positively with the long term; having stable employment, business and attracting more youth to the area. This should also see an increase in vendors and business in the future as Grieg continues to grow and proceed to production and harvesting.”
