Saint-Quentin, New Brunswick
The Saint-Quentin based processor of maple syrup, Restigouche Brands Inc., is expanding and will be able to improve the competitiveness and efficiency of its operations with a combined investment of nearly $600,000 by the federal and provincial governments.
The Honourable Bernard Valcourt, Minister of State for Atlantic Canada Opportunities Agency (ACOA) and La Francophonie; and the Honourable Paul Robichaud, New Brunswick Minister of Economic Development, were in Saint- Quentin today to make the announcement.
"Our investment in Restigouche Brands Inc. will allow this northern New Brunswick company to modernize its facilities and improve its efficiency and production. This funding will ensure the viability of the Saint-Quentin plant and maintain jobs here, "said Minister Valcourt. "Supporting this type of project fits perfectly with the priorities of our government, which are economic growth and job creation."
"Investing in economic development projects in Saint- Quentin and in the Restigouche region is important for the economy of northern New Brunswick," Robichaud said. "This investment will allow Restigouche Brands to increase the effectiveness of its newly expanded facility."
Restigouche Brands is a processor of maple syrup specializing in bottling and distribution of maple syrup. The cooperative operates under the auspices of Citadelle, Maple Syrup Producers' Cooperative. The project constitutes in establishing a new manufacturing line for bottling and distribution of maple syrup in an innovative packaging. The funds will enable the organization to remain competitive while ensuring the sustainability of the Saint-Quentin plant. Thanks to this upgrade, an additional 700 000 pounds of maple products will be processed yearly in New Brunswick, increasing the production of value-added products in the province.
"We are proud to make this investment to better serve the members of our cooperative producers in New Brunswick who will see better trade outlet for their maple syrup," said André Bouffard, Director Financial Services and Treasurer of Citadelle, Maple Syrup Producers' Cooperative. "This project will use a new packaging process ensuring the highest standards of quality. It will further establish a distinctive new brand: Appalaches Atlantique. With the input of government programs, we are confident of the continued success of Restigouche Brands Inc. which has been owned by our two cooperative for some 15 years. We sincerely thank both levels of government that allow for these achievements to take place and we wish to highlight the excellent services provided by their professional agents."
The Government of Canada, through ACOA's Business Development Program, is contributing $375,000 to the project while the Province of New Brunswick is contributing $220,000.
Restigouche Brands Inc. will invest $155,000.
For Electronic Media
Restigouche Brands Inc., a processor of maple syrup, is improving its competitiveness and efficiency thanks to a combined investment of more than $600,000 by the federal and provincial governments.
The Honourable Bernard Valcourt, Minister of State for Atlantic Canada Opportunities Agency (ACOA) and La Francophonie; and the Honourable Paul Robichaud, New Brunswick Minister of Economic Development, were in Saint-Quentin today to make the announcement.
This investment will help the maple sugar cooperative to expand and modernize its facility, allowing it to turn 700 000 extra pounds of maple products yearly at its plant in Saint-Quentin, increasing the production of value-added products in New Brunswick.
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Information:
Ted Parisé
Senior Communications Officer
ACOA New Brunswick
506-452-3917
Bruce MacFarlane
Regional Development Corporationv 506-444-4606
André Bouffard
Director Financial Services and Treasurer
Citadelle, Maple Syrup Producers' Cooperative
819-362-3241
Andrea Richer
Press Secretary
Office of the Honourable Bernard Valcourt
613-790-3637
