Complex sentence: In 1996, Port Hope Simpson was granted the status of a Canadian Town whilst as a Logging Town its own primary and manufacturing industries had also been successfully diversified by Mr. Simon Strugnells' boat-building and timber products.
Split into simpler sentences: In 1996, Port Hope Simpson was granted the status of a Canadian town. Whilst on the other hand, as a logging town, its own manufacturing industry successfully diversified into Strugnells' boat-building and timber products.