Food processors rely on modern equipment to remain competitive, enhance efficiency and boost productivity. With the ongoing COVID-19 pandemic, it is more important than ever that they have access to the necessary support to ensure they are well-positioned for the future.
Today, the Member of Parliament for Egmont, Bobby Morrissey, on behalf of the Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, joined Prince Edward Island (PEI) Minister of Agriculture and Land, Bloyce Thompson to announce a joint investment of more than $2.4 million in support of Amalgamated Dairies Limited (ADL).
This funding will help the dairy cooperative install new automation and robotics equipment for their existing Feta packaging line at the Summerside facility. The upgrades are expected to double packaging speed and capacity, and will help bring new products to the market.
“The Government of Canada recognizes the importance of food processors and is committed to supporting projects that strengthen the agricultural sector. Amalgamated Dairies Limited has a solid reputation of producing high-quality and delicious products across Prince Edward Island. Today’s announcement will directly benefit productivity at their facility.
– Bobby Morrissey, Member of Parliament for Egmont
“The Department of Agriculture and Land is extremely pleased to be able to provide beneficial funding to Amalgamated Dairies Limited (ADL). This funding will assist in furthering the success of our dairy sector, while also ensuring ADL continues to foster leadership, innovation, and growth in our agriculture industry. I want to thank the Government of Canada, and the Department of Economic Growth, Tourism and Culture for their support in such an important project for our industry”
– The Honourable Bloyce Thompson, PEI Minister of Agriculture and Land
“Today’s announcement of support from both provincial and federal governments is appreciated and positive for the PEI Dairy Industry and future of ADL. With this announcement ADL can implement new technology to help automate packaging lines. The investment reinforces ADL as a leader in specialty cheese processing and a leader in sustainable dairy processing.”
– Chad Mann, CEO, Amalgamated Dairies Limited
The funding announced today includes $1.4 million from Agriculture and Agri-Food Canada’s (AAFC) AgriInnovate Program, $200,000 from the PEI Department of Agriculture under the Canadian Agriculture Partnership, and $810,000 through the Innovation PEI Enriched Investment Tax Credit.
The AAFC AgriInnovate program is part of the Canadian Agricultural Partnership, a five-year (2018-2023), $3-billion investment by federal, provincial and territorial governments to strengthen the agriculture and agri-food sector.
Amalgamated Dairies Limited, a dairy farmer owned cooperative, has been providing the domestic, international and local community in Prince Edward Island with a wide range of high-quality products for close to 70 years.
PEI’s dairy industry is a significant contributor to the provincial economy. In 2020, it generated $604 million, contributing approximately 15% to the province’s farm cash receipts. That same year, PEI’s 157 dairy farms produced over 117 million litres of raw milk, accounting for approximately 1.3% of Canada’s milk production.
PEI’s dairy manufacturing sector employs about 12% of workers in the province’s food manufacturing sector, representing an estimated value in salary of $13 million.
The PEI Enriched Investment Tax Credit complements the existing PEI Corporate Investment Tax Credit of 10%. The tax credit is applied to certain capital investments made by manufacturing and processing businesses.