Complex sentence: Built as a "company town" around forestry and the pulp and paper industry (British owned'AND Company') in the early 1900s the town has since grown to become one of the largest communities in Newfoundland.
Split into simpler sentences: Built as a "company town" around forestry and the pulp and paper industry, by the British owned'AND Company', in the early 1900s. The town has since grown to become one of the largest communities in Newfoundland.