Exeter Produce To Expand In Huron County
McGuinty Government Supports Agri-Food Industry, Creates Jobs
A Huron County food processor is on track to expand operations and create 40 new jobs, growing the market for local farmers and strengthening Ontario's economy.
With support from Ontario's Rural Economic Development Program, Exeter Produce and Storage Company Limited will relocate its bell pepper processing line and install new, state-of-the-art equipment to increase its production and processing capacity. The investment will allow the business to:
- increase production of bell field peppers from 3,742 tonnes to 5,000 tonnes annually
- increase annual sales by 34 per cent
- reduce operating costs and enhance quality control
- increase export sales and improve competitiveness
- enhance the skills of current employees who will be trained on new, sophisticated line equipment.
The new facility is expected to be completed by December 2012.
A strong agri-food industry is part of the five-year Open Ontario plan to create jobs and opportunities that will boost the province's economy.
- Ontario is investing $567,500 in this expansion project through the Rural Economic Development Program.
- Ontario's food processing industry was the third largest employer of its kind in North America in 2008. The industry generated nearly $34 billion in revenue from goods manufactured in Ontario in 2008.
- Ontario has invested nearly $153 million in 373 projects through the Rural Economic Development Program and generated more than $1.1 billion in new economic activity.
- So far, Ontario has recovered 93 per cent of the jobs lost in the recession.
“Our government's support for this expansion project will create jobs in Huron County and support local farmers. This investment will help grow demand for Ontario food, and strengthen our local economy and community for many years to come.”
“The Rural Economic Development program will help Exeter Produce increase production capacity and reduce operating costs while improving product quality for our end consumers - and that means a stronger, more competitive business, and more jobs and opportunities for our local community.”