Saturday, April 30, 2016

Grand River Foods grabs more subsidies

Grand River Food will receive up to $3 million in repayable subsidies from FedDev for a $14.3-million expansion of the plant in Cambridge that it opened in 2004.

Last year it got $855,000 from FedDev and in the fall $1.3 a grant of $1.3 million from Ontario’s Southwestern Ontario Development Fund.

The company says it needs the expansion to keep up with orders that set a record last year and says it hopes to develop new products and break into export markets.

It’s products are private-label hamburgers, meat balls and chicken for companies such as Loblaws, Costco, M&M Food Markets, Subway and Tim Hortons.

The company has grown rapidly since 1999 when it was Grand River Poultry based in Paris.

Remember this when the next round of government cuts hits.