On Friday, February 13th, FedDev Ontario, along with the Government of Ontario, announced a combined investment of up to $6 million for Frulact Canada.
The Government of Canada is committed to making sure that Canada is a top destination for businesses to invest, grow and create jobs. This funding has helped Frulact Canada to establish a new food processing facility in Kingston that will serve as the company’s North American base for business, and its first facility in Canada, bringing 55 jobs to the region. This is an example of how attracting global investment creates jobs and opportunities for Canadians now and in the future.
Frulact Canada Inc. has established a new 58,000-square-foot research and development and food processing facility in Kingston’s Cataraqui Estates Business Park. This comes at a critical time when Canada is competing with other countries to attract international companies to invest and do business here.
The Government of Canada, through FedDev Ontario, is contributing up to $4.5 million and the Government of Ontario, is investing up to $1.5 million. The FedDev Ontario contribution supported construction and equipment costs, and is helping Frulact Canada Inc. introduce advanced technology and innovation into the food and beverage industry. With support from the provincial government’s Eastern Ontario Development Fund, the company is investing in manufacturing equipment, laboratory technology, specialty storage containers and staff training.
Mark Gerretsen, Member of Parliament for Kingston and the Islands announced the federal portion of the funding on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario. Cristina Martins, Parliamentary Assistant to the Ontario Minister of Economic Development and Growth, made the announcement on behalf of the Honourable Jeff Leal, Ontario Minister Responsible for Small Business and Ontario Minister of Agriculture, Food and Rural Affairs.
This is a good news story for eastern Ontario. Moving forward, the Government of Canada will continue to make strategic investments that help to make Canada a world-leading centre for innovation. More information on this announcement, and others like it, can be found at canada.ca.