Ontario RED Fund Backs Turkey Plant And More
By Jim Knisley
August 23, 2011 – The Ontario Rural Economic Development (RED) fund is making a $2.6 million investment in new equipment and expansions at Maple Leaf's Cold Springs Farm.
August 23, 2011 – The Ontario
Rural Economic Development (RED) fund is making a $2.6 million
investment in new equipment and expansions at Maple Leaf's Cold Springs
This is the latest on a list of provincial rural development grants to Ontario's meat sector.
The provincial program pledged $2.6 million to Maple Leaf's turkey further-processing plant at Thamesford, about 20 km east of London.
The money is to add new processing equipment, more refrigeration space and "efficiency improvements" throughout the plant.
The grant is expected to help Maple Leaf buy more turkey from Ontario farmers and increase product innovation.
The upgrades and expansion are expected to create 30 new jobs at the plant, which is Thamesford's largesy employer.
Since the beginning of July the province has made a flurry of RED grant announcements.
Peterborough-area chicken processor Yorkshire Valley Farms, which gets $105,000 to set up its new organic chicken packaging and labelling line. This will allow it to raise its production capacity by 400 per cent and add up to 14 jobs at its Peterborough plant and a Brampton co-packaging plant. The expansion is also expected to create up to eight jobs for local farmers.
Burt Farm Country Meats of Manitoulin Island will get $44,000 toward new automated processing equipment to expand the company's production and workforce and allow for more processing by local beef, pork, lamb and poultry producers.
For the complete list of RED grants, READ MORE