Ontario Investing in Parry Sound Organic Food Manufacturer
Funding Part of Largest Infrastructure Investment in Province’s History
Ontario is investing in the expansion of Crofters Food Ltd., helping to create 15 full-time new positions.
With an investment of $1 million through the province's Northern Ontario Heritage Fund Corporation (NOHFC), the family-owned organic food manufacturer is expanding its facility with a 20,000 sq. ft. space. The company will also purchase new machinery for the production of its organic fruit spreads and preserves.
This funding is part of the largest infrastructure investment in Ontario's history - more than $130 billion over 10 years, which is making 110,000 jobs possible every year on average across Ontario, with projects such as roads, bridges, transit systems, schools and hospitals across the province.
Ontario is building safe, reliable infrastructure to help create jobs and ensure a bright future for the province. Between April and September, the province announced support for more than 200 projects will keep people and goods moving, strengthen the economy, connect communities and improve quality of life. Investing in Crofters Food Ltd. builds on that progress.
These much-needed investments are supported by a number of initiatives, including broadening the ownership of Hydro One - an approach that raises billions for infrastructure while ensuring consumers are protected. By unlocking the value of provincial assets, the government is supporting critical projects in cities, towns, and rural and remote communities all across Ontario.
Investing in business expansion and job creation in the North is part of the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.
- Since 2003, the NOHFC has invested more than $1 billion in 6,956 projects in Northern Ontario, creating or sustaining more than 26,000 jobs.
- Research shows that every $100 million of public infrastructure investment in Ontario boosts GDP by $114 million, particularly in construction and manufacturing sectors.
- The NOHFC’s investments in local infrastructure are part of the Ontario government’s Growth Plan for Northern Ontario.
“Our investments in the North’s agri-food sector help strengthen communities and provide farmers and food producers, like Crofters Food Ltd., with the infrastructure they need to succeed and expand their operations.”
“We are pleased that the Ontario government through the NOHFC is investing in Crofters Food Ltd. The continued success of Crofters means there will be jobs, economic growth and opportunities for the people of Seguin Township and the West Parry Sound area.”
“Thanks to this investment through the NOHFC, Crofter’s Food Ltd will be able to create 15 new jobs and expand its Parry Sound-based operations. We would not have been able to take this next step in our company’s development without this support.”