Two Niagara food-and-beverage sector manufacturers receive funding to expand
January 17, 2024
By Bakers Journal
Smithville, Ont. — The Ontario government is supporting $65 million in investments by three companies to boost local manufacturing and create 46 new, good-paying jobs in the Niagara Region. As part of these investments, the province is providing the companies with $6.7 million in support through the Regional Development Program.
Niagara Region recipients include Stanpac Inc. and St. David’s Cold Storage.
Stanpac Inc. manufactures dairy, food and beverage packaging for businesses around the world. With more than $35 million in advanced equipment, robotics, and upgrades, Stanpac will increase the efficiency of its facility in Smithville, including creating a machine shop to service all machinery in house. The project is supported by more than $3.3 million in funding through the Regional Development Program and will create 30 new jobs.
St. David’s Cold Storage provides cold, freezer and ambient storage solutions to food and beverage manufacturers. The company is spending $9 million to expand its facility and double its refrigerated storage space. This will include one of the first CO2-based refrigerant systems in Canada, as well as additional upgrades to limit energy consumption, helping the company to scale up their operations to begin exporting. The project is supported by more than $1.3 million in funding through the Regional Development Program and will create seven new jobs.
Applications are now being accepted for the next intake round of RDP funding until January 25, 2024. For more information, visit ontario.ca.
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