Summerside, PE – Atlantic Canada’s food industry contributes significantly to the regional economy, with nearly 20,000 businesses providing good middle-class jobs for Atlantic Canadians. New product development, increasing use of innovative technologies and processes and exploring new export markets are critical to sustainably grow the region’s food industry. That is why the Government of Canada is supporting a project at
Amalgamated Dairies Ltd. (ADL) that will enable the well-established producer of dairy products to create a specialized cheese aging facility and expand its product line.
Bobby Morrissey, Member of Parliament for Egmont, made the announcement today on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science, and Economic Development and Minister responsible for the
Atlantic Canada Opportunities Agency (ACOA).
Through its
Business Development Program, ACOA is providing a repayable contribution of $500,000 to ADL for the project, which includes purchasing and installing new processing and storage equipment, renovations to warehouse space, and implementing a new milk handling and testing regime.
ADL recently completed a $15 million expansion which has accelerated growth at the company and enhanced its ability to diversify offerings. The company hosted an open house today at its Summerside production facility to showcase the latest developments.
Investment builds on commitments made by the Government of Canada and the four Atlantic Provinces to drive economic growth in the region through the
Atlantic Growth Strategy. ACOA works with other federal and provincial government organizations as well as the Atlantic food industry to connect businesses with the tools they need to bring innovative food products to market, to scale up, and to increase export opportunities.
Source : Government of Canada