Canadian Poultry Magazine

Features Business & Policy Company News
McCain grant provides funds towards P.E.I. processing plant


May 17, 2017
By Department of Economic Development and Tourism

Topics

May 17, 2017, Borden-Carleton, P.E.I. – The recipients of grants from a $2 million transition fund set up by McCain after it closed its potato processing plant in 2014 in Borden-Carleton, P.E.I., were announced Tuesday.

Nine businesses and the municipal government received grants. The amounts ranged from $7,000 to $1 million.

Innovation PEI established a steering committee to administer the fund and review funding applications; the committee included representatives from Innovation PEI, Borden-Carleton, the Central Development Corporation, ACOA, and McCain’s.

Advertisment

The 10 successful applicants announced include:

  • MacDougall Steel: $1 million.
  • Silliker Glass: $300,000.
  • Atlantic Beef Products: $142,000.
  • Mrs. Dunsters: $26,000.
  • Tree Top Haven: $25,000.
  • Island Apple Storage: $25,000.
  • P.E.I. Handpie Company: $7,000.
  • Town Of Borden-Carleton: $50,000.
  • Canadian Cold Storage: $200,000 (subject to project approval).
  • Larkins Poultry: $225,000 (subject to project approval).

Larkin Brothers plans to use the funds to establish a new poultry processing plant with the aim of increasing value added products and increased market share. READ MORE