Five companies will receive some federal coin to support the food industry in Western PEI.
Egmont MP Bobby Morrissey made the announcement today for ACOA, which is contributing about $600-thousand dollars in repayable support through its Business Development Program.
The projects include:
– $329,372 for Royal Star Foods Ltd. to expand cold storage capacity for its seafood products, with full packing and sealing capability onsite to control and grow exports.
– $117,968 for Myers Welding Inc. to expand its existing manufacturing facility and purchase equipment to meet increased demand for its fabricated metal aquaculture products.
– $75,750 for W.P. Griffin Inc. to install packaging equipment for newly developed specialty potato products and $44,228 to launch and promote the new line of products to domestic and export markets.
– $50,000 for North Atlantic Organics Ltd. to install new equipment to expand its animal supplement and fertilizer operation, improve product quality and create new value-added products.
– $33,000 for Acadian Machine Works Ltd. to develop and market a quick-attaching, front-mounting blueberry harvesting system. The innovation is especially useful for wild blueberry producers not looking to purchase large-scale equipment.
Morrissey says Western PEI has a rich history in agriculture and fisheries and he’s pleased Ottawa is investing in companies that are maintaining jobs and building new opportunities for the region.