Perth-Wellington MP Gary Schellenberger announced on Feb. 28 that the federal government is spending over $500,000 for Golden Valley Farms Inc here.
That repayable contribution will help the company improve its processing line, providing farmers with more opportunities to get their products to market.
“Canada’s Economic Action Plan is helping Golden Valley Farms Inc. improve their operational efficiency through the purchase of new equipment to speed up their production line,” said Schellenberger. “This new technology will help the company increase its production and create new jobs for the local community.”
Golden Valley Farms will use the money to purchase and install new packaging equipment in its facility in Arthur. The new equipment will allow its turkey bacon to be processed through the high pressure (hyperbaric) system to enhance food safety, improve productivity and efficiency and increase shelf life. The project is expected to result in the creation of new jobs.
“We are very pleased that the government of Canada has partnered with us in this new technology,” said Keith Hehn, general manager of Golden Valley Farms. “This is very important not only for Golden Valley but our industry as a whole. It brings new technology to our industry that will enhance food safety as well as plant efficiency. This partnership will help us remain leaders in our industry.”
The federal loan is being delivered by the AgrifFlexibility fund a five-year, up to $50-million initiative designed to enhance the competitiveness of the agriculture processing sector in Canada.
It provides support to existing companies for projects that involve the adoption of innovative and new-to-company manufacturing technologies and processes that are essential to sustaining and improving the sector’s position in today’s global marketplace.
For more information on this program visit www.agr.gc.ca/api.
