Former Federal Gypsum plant sold

Nova Scotia Business Inc. has sold the former Federal Gypsum plant in the Point Tupper/Bear Head Industrial Park, Richmond County.

It was sold to Point Tupper Property ULC, an affiliated company to Acadia Drywall Supplies Ltd., which has operated a business division known as Cabot Gypsum in Point Tupper since 2011.

The sale includes a 30.2-acre parcel of land and the facility. The sale price was $700,000.