BBC says "Downturn" ends £1bn plant project in Scotland

The "Downturn" is apparently responsible for the end of plans to build a £1bn wood processing plant that could have created thousands of jobs. Note the BBC statement it was the "Downturn", not the Recession.

Forscot said it had decided not to proceed with its proposals for a paper, pulp and energy plant at Invergordon due to a lack of funding.The company said there was also little chance of attracting investment in the current economic climate.

This is a sad end to a project which would have provided much needed employment in this area.

BBC NEWS | Scotland | Downturn ends £1bn plant project