New funding for four food and beverage manufacturers will support local economies by creating new jobs, strengthening B.C.’s agrifood and agritech sectors, and promoting the development of made-in-B.C. products.
“Helping homegrown manufacturing companies expand helps us grow a strong, sustainable economy in B.C. that everyone can benefit from,” said Brenda Bailey, Minister of Jobs, Economic Development and Innovation. “Through the BC Manufacturing Jobs Fund, we’re investing in innovative projects around the province that create stable jobs and stronger communities.”
The Government of B.C. is contributing as much as $2.07 million through the BC Manufacturing Jobs Fund, supporting three capital projects and one planning project, to help food and beverage manufacturers grow by upgrading equipment and facilities to increase capacity, while creating more than 125 new jobs.
In Surrey, Dr. Ma’s Laboratories, which manufactures more than 800 natural health products, will receive as much as $1.25 million to establish a second processing facility and complete facility upgrades. Upgrades will accommodate scaling up and automation of production to meet increasing demand. The food, supplement and vitamin manufacturer will also bring raw-ingredient processing in house as part of a capital project, which will triple production, enable it to prioritize local suppliers and create 75 new jobs.