Modernized Production Line to Spur Growth for Atlantic Potato Distributors
News release
June 8, 2018– Perth-Andover, NB – Atlantic Canada Opportunities Agency
Supporting businesses in rural communities helps create opportunities for business growth and good paying jobs for the middle class and those looking to join it. That’s why the Government of Canada is helping Atlantic Potato Distributors acquire new production line equipment to meet additional client demand and increase their market exposure, which will enable the company to create up to 10 new jobs.
TJ Harvey, Member of Parliament for Tobique-Mactaquac, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), joined the Honourable Brian Gallant, Premier of New Brunswick and Nancy Hanscome, Vice-President of Atlantic Potato Distributors, to make the announcement today.
This investment will enable the company to increase production by modernizing its equipment and adding a second line for its foil-wrapped baking potatoes. The company will also upgrade its storage, labelling, and material handling capacities, enabling them to process more potatoes grown by producers in northwestern New Brunswick. The Government of Canada is providing a repayable contribution of $114,500 through ACOA’s Business Development Program for this expansion project while the Province of New Brunswick is providing $146,000.
This investment builds on the government of Canada and the Province of New Brunswick’s commitment to drive economic growth in Atlantic Canada through the Atlantic Growth Strategy, by providing strategic investments for projects that will benefit communities by creating jobs and building on the region’s competitive advantages, including agricultural expertise and a skilled workforce.
Quotes
“The Government of Canada is committed to supporting sustainable economic development in rural communities by investing in the growth of local small and medium-sized businesses, thereby contributing to the local economy and creating good jobs. Through ACOA, we are making strategic investments that fuel economic growth, support diversification in our communities and improve quality of life throughout the region.”
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“I am pleased that the Government of Canada, through ACOA, is supporting Atlantic Potato Distributor’s efforts to expand their operations and continue building northwestern New Brunswick’s reputation as a producer of world-class potatoes. This investment in new, modernized equipment will help the company meet growing demand and increase their market exposure, which will ultimately be of benefit to our entire region.”
- TJ Harvey, Member of Parliament for Tobique-Mactaquac
“Spurring growth of New Brunswick businesses is instrumental to your government’s multi-year economic growth plan. This project will help Atlantic Potato Distributors increase productivity leading to new jobs for New Brunswickers.”
- Brian Gallant, Premier of New Brunswick
“Investing in innovation has led to industry recognition for Atlantic Potato’s top quality and service. These investments, with the support of our federal and provincial partners, have created additional orders leading to more and more jobs on the front lines.”
- Mark Hanscome, President, Atlantic Potato Distributors
Contacts
Dominique Bouchard
Communications Officer
Atlantic Canada Opportunities Agency
506-292-7524
Jeff Hull
Communications
Opportunities New Brunswick
506-453-8694
Rachel Durepos
Atlantic Potato Distributors
506-273-6017
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