Expansion In Store For Bruce County Food Processor
McGuinty Government Supports Dairy Farmers, Creates Good Jobs
A food processor in Teeswater is increasing its production of Ontario dairy products to meet growing demand, expand the market for local farmers and create 20 new, local jobs.
Through the Rural Economic Development Program, Gay Lea Foods Co-operative is improving and expanding its production of milk products to be used in infant formula, protein bars and nutritional beverages. This will help the company to:
- expand into new markets and increase annual revenues by $25 million
- retain 50 jobs and create 20 new jobs, and
- source 50 million additional litres of milk per year from Ontario farmers.
As a result of the plant's increased production, Gay Lea Foods Co-operative will also become the exclusive supplier for Chapman's Ice Cream, creating a dynamic partnership between two major food processors in the region.
A strong agri-food industry is part of the Open Ontario plan to create jobs and opportunities that will grow the province's economy.
- Ontario is investing $984,342 toward this 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 more than $153 million in 373 projects through the Rural Economic Development Program, generating more than $1.1 billion in new economic activity.
“Our government's support for this expansion project will create jobs in our community and support local farmers. This investment will help grow demand for Ontario food, and strengthen our local economy for many years to come.”
“This grant will allow Gay Lea Foods to expand into global markets, leverage emerging technology and revitalize our Teeswater facility for the benefit of our local community. Gay Lea Foods has a strong rural heritage, and it's proud of the opportunities the Rural Economic Development program is creating in rural Ontario.”
“Gay Lea is an important part of our community, both economically and historically, and this Rural Economic Development grant from the Province and the Ministry of Agriculture, Food and Rural Affairs will help keep Gay Lea a part of the community for years to come.”