Govt Supports Increased Dairy Processing at Fromabitibi Inc

CANADA - Yesterday, the Honourable Marie-Claude Bibeau, announced an investment of $81,628 in support of dairy processor Fromabitibi Inc.
calendar icon 27 August 2019
clock icon 1 minute read

The investment, made through the Dairy Processing Investment Fund (DPIF), will help to modernize equipment and automate parts of the production process, thereby increasing Fromabitibi's production capacity and demand for Canadian milk. It is expected that the project will create new jobs at the company.

The DPIF programme provides non-repayable contributions to support projects through capital investment or access to expertise. The programme was established to provide funding to dairy processors for investments that will improve productivity and competitiveness, and help them prepare to market changes resulting from the Canada-European Union Comprehensive Economic and Trade Agreement (CETA).

"The Dairy Processing Investment Fund is helping many processors across Canada innovate and grow their businesses, thereby increasing demand for Canadian dairy production. Our government is proud to invest in successful family-run enterprises like Fromabitibi who achieve excellence in their products and contribute to the vitality of our rural communities," said the Minister.

Guillaume Lemieux, President of Fromabitibi Inc., said, "I would like to thank the Canadian government for helping my company to expand and to take advantage of regional market opportunities. Going into the production of cow's milk cheese is the best business decision I have made in recent years. My objective is now to triple our production by 2022 and to hire resources capable of supporting me in this great adventure."

TheCattleSite News Desk

© 2000 - 2023 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.