Le Lézard
Classified in: Business
Subjects: ECO, CFG

Government of Canada supports Increased Dairy Processing at La Ferme Vallée Verte 1912


SAINT-JEAN-DE-MATHA, QC, Aug. 20, 2019 /CNW/ - Today, Jean-Claude Poissant, Parliamentary Secretary to the Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food, announced an investment of $120,950 in support of dairy processor La Ferme Vallée Verte 1912.

The investment, made through the Dairy Processing Investment Fund (DPIF), will help to automate the company's manufacturing system, including their packaging line for the bottling and labeling of yogurt and fluid milk. It is expected that the project will allow La Ferme Vallée Verte 1912 to increase its milk processing capacity by 130 per cent over five years and create five full-time jobs.   

DPIF was designed to help the sector increase productivity and competitiveness, and help it prepare for market changes resulting from the Canada ? European Union Comprehensive Economic and Trade Agreement (CETA). The program provides non-repayable contributions to support projects through capital investment or access to expertise.

Quotes

"Our Government is proud to help our dairy processors remain competitive by investing in innovation. This investment will allow Ferme Vallée Verte 1912, a family business, to modernize its operations and increase its productivity in the coming years, while creating good jobs and economic benefits for this rural community."
Jean-Claude Poissant, Parliamentary Secretary to the Minister of Agriculture and Agri-Food

"In an enchanting setting where the beauty of fauna and flora is highlighted, we have decided to diversify the operations of our family business, which has been growing for several generations. The cheese dairy modernization project has enabled us to improve our efficiency and productivity. As result, we are now better equipped to meet the growing demand of local markets and we can be more competitive in the face of the challenges of European free trade."
Samuel and David Gadoury, Owners, Ferme Vallée Verte 1912 cheese dairy

Quick facts

Associated links

Follow us on Twitter: @AAFC_Canada

Like us on Facebook: CanadianAgriculture

SOURCE Agriculture and Agri-Food Canada


These press releases may also interest you

at 07:49
In the news release, Roborock Reports 2023 Full Year Financial Results, issued 28-Mar-2024 by Roborock over PR Newswire, we are advised by the company that in the first bullet point of "Growth across Product Categories", the USD amount should read...

at 07:48
Gold's Gym SoCal ? the original home of fitness workouts ? celebrates its 35th anniversary, marking three and a half decades of unparalleled dedication to health, wellness, and community. To coincide with the milestone, Gold's Gym SoCal is unveiling...

at 07:29
In a strategic move to address the growing talent shortage in the global construction equipment industry, XCMG Machinery (SHE:000425, "XCMG") has launched an extensive cross-training program for its employees from XCMG Global Business Headquarters....

at 07:05
Syngenta Group today announced financial results for the fourth quarter and full year 2023. Syngenta Group sales for full year 2023 were $32.2 billion, down $1.2 billion or 4 percent year-on-year (-1% CER). Full year EBITDA decreased 18 percent...

at 07:00
Scrum Ventures, a San Francisco and Tokyo-based early-stage venture capital firm, announced that NBA Champion and entrepreneur Kyle Kuzma, will join the fund as an advisor....

at 07:00
Operation HOPE announced today that "FINANCIAL LITERACY FOR ALL," the latest book by its Founder and CEO John Hope Bryant, has reached #1 on Amazon for Economics, prior to its April 16, 2024 release. From the best-selling author of "Up from Nothing,"...



News published on and distributed by: