Federal and provincial investments supporting new equipment and expertise to increase production capacity

“Helping businesses increase productivity and prepare for the future is a priority for the Government of Canada. Today’s announcement for Crosby Molasses Company Ltd. reinforces our commitment to support Canada’s small- and medium-sized businesses so they can seize opportunities for growth and success, while strengthening the economy in Atlantic Canada.”

-   The Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA.

“Crosby’s is a leading family-owned and operated food company in Saint John that has contributed to the regional economy for many years and is a great source of pride for this city. I am pleased to see our government’s support for this company as it improves operations, secures markets, and in doing so, strengthens the economy both locally and internationally.”

-   Wayne Long, Member of Parliament for Saint John – Rothesay

“We’re proud to be supporting Crosby`s increased production through automation to meet demand and increase provincial exports in partnership with ACOA. Productivity improvements are a key driver to helping New Brunswick businesses grow, succeed and continue contributing to our province’s economic success.”

-   The Honourable Arlene Dunn, Minister responsible for Economic Development and Small Business and Minister responsible for Opportunities NB

“Crosby Molasses enjoys a longstanding relationship with ACOA and the Province of New Brunswick. We truly appreciate their financial support on this automation project. The installation of the robotic cartoner and palletizer will allow us to increase our production, in an already 24/7 operation, meeting the expanding needs of our customers.”

-   James Crosby, President, Crosby Molasses Company Ltd.

• Established in 1879, Crosby Molasses Co. Ltd., (Crosby’s), located in Saint John, N.B., is best known for the processing, packaging, and sale of molasses. Five generations later, Crosby’s continues to flourish as a small, independent, family-owned business delivering food products to retailers across Canada and New England. 

• ACOA and the Province of New Brunswick, through Opportunities New Brunswick (ONB), supported Crosby’s with the following projects:

  -  The purchase of specialized equipment including a robotic cartoner and palletizer, which will increase manufacturing productivity and capacity. ($500,000 repayable loan through ACOA’s Regional Economic Growth Through Innovation (REGI) program and $250,000 through the Province of New Brunswick).

  -  The hiring of expertise to lead supply chain improvements and growth. ($50,000 non-repayable through ACOA’s REGI program) 

Associated links

• Crosby Molasses Co. Ltd.
• Regional Economic Growth through Innovation (REGI)

Marianne Blondin
Press Secretary
Office of the Minister of Official Languages and of the
Atlantic Canada Opportunities Agency
Marianne.Blondin@acoa-apeca.gc.ca

Ann Kenney
Senior Communications Officer
Atlantic Canada Opportunities Agency
ann.kenney@acoa-apeca.gc.ca

Michel LeBlanc
Communications
Opportunities New Brunswick (ONB)
Michel.Leblanc@onbcanada.ca

Lori King
Director Brand & Marketing
Crosby Molasses Company Ltd.
506-271-3399
Lori.King@crosbys.com

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