21 December 2010
Elgin , New Brunswick
Canadian Syrup Inc. formally celebrated the re-opening of its 12,000 square foot production facility today by highlighting the company’s new production and packaging capacities.
The Honourable Rob Moore, Minister of Small Business and Tourism on behalf of the Honourable Keith Ashfield, Minister of National Revenue, Minister of the Atlantic Canada Opportunities Agency and Minister for the Atlantic Gateway and Wayne Steeves, MLA for Albert on behalf of Business New Brunswick Minister Paul Robichaud joined company representatives and members of the community for a tour of the new facility..
“The Canadian food processing industry makes an important contribution to the strength of our provincial and regional economy,” said Minister Moore. “Through our government’s investment of more than $240,000, Canadian Syrup Inc. is enhancing its productivity and improving its capacity to compete in national and international markets.”
The project has helped the company to retrofit an existing building to replace the processing, packaging and warehousing facilities that were destroyed by fire in May 2009. The company’s state-of-the-art facility supports an enhanced production process, automated packaging and provides co-packaging services to other companies.
“The Government of New Brunswick recognizes the importance of the maple syrup industry as a contributor to the province’s economy,” Steeves said. "We are proud to be able to contribute to the success of Canadian Syrup, a homegrown New Brunswick company, with assistance from Business New Brunswick’s NB Growth Program.”
“We know firsthand how difficult it is for small business in our province with a lot of companies closing or moving out of NB,” said Roger Steeves, President of Canadian Syrup Inc. “We are proud to say that we continue to grow, and are the largest employer in the small village of Elgin. Now, after a year of hard work, determination and significant investments by our family in getting our new facility operational, along with some funding help from ACOA and BNB, we are able to continue producing our great products for customers all over the world."
Support for the Canadian Syrup’s development of its new facility includes a $240,000 repayable loan made available through ACOA’s Business Development Program (BDP). The Province of New Brunswick is assisting the company with an investment of $40,000.
FOR BROADCAST USE:
The Honourable Rob Moore, Minister of Small Business and Tourism and Wayne Steeves, MLA for Albert, joined representatives from Canadian Syrup Inc. as they formally celebrated the re-opening of the company’s facility in Elgin.
This grand re-opening highlighted the company’s new production and packaging capacities which will increase its productivity and competitiveness in national and international markets.
The Government of Canada, through ACOA’s Business Development Program is providing a $244,000 repayable loan while the Province of New Brunswick, is assisting the company with a contribution of $40,000.
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This news release is also available on line at: www.acoa- apeca.gc.ca/mediaroom. (Ce communiqué est aussi disponible en français.)
Peggy Bélanger
Senior Communications Officer
ACOA NB
506-452-2466
Ashley Bursey
Business New Brunswick
Province of New Brunswick
506-453-2694
Brian Deveau
VP Sales and Marketing
Canadian Syrup Inc.
506-863-8656
