Minister of State (Sport) Bal Gosal (Bramalea—Gore—Malton), on behalf of Agriculture Minister Gerry Ritz, today announced an investment of nearly $200,000 to Eat-In Foods Inc. toward the purchase and installation of new equipment for its manufacturing facility in Mississauga, Ontario.
"Our Government remains focused on the economy, and our food processing sector plays an important role in creating jobs and economic growth across Canada," said Minister of State Gosal. "This new equipment will allow Eat-In Foods to broaden its market access and reduce its costs while creating jobs for Canadians and increasing demand for the high-quality food grown by our farmers."
Eat-In Foods Inc. specializes in producing ethnic ready-to-eat frozen entrees. The investment will be used to purchase equipment that will help the company increase its production capacity to meet growing demands in domestic and export markets, particularly in the US The increase in sales and production will also support the creation of new jobs. Canadian farmers will directly benefit as a result of an increased demand by Eat-In Foods for agricultural commodities such as chicken, cheese, tomatoes, and wheat.
"The investment in our manufacturing which was made possible through the API program has positioned us for success in a competitive marketplace and has augmented our ability to attract exciting new customers," said Hemant Tallur, President, Eat-In Foods Inc. "We are on track to meet, and very likely exceed, the revenue targets we have set for our business."
This investment is delivered through the Agricultural Flexibility Fund (AgriFlexibility) through the AgriProcessing Initiative. This five-year initiative provides up to $50 million and is designed to enhance the competitiveness of the agri-processing sector in Canada. It offers support to existing companies for projects that involve the adoption of innovative and new-to-company manufacturing technologies and processes that are essential to sustaining and improving the sector's position in today's global marketplace. For more information on this program , visit www.agr.gc.ca/api.
Through Canada's Economic Action Plan (EAP), the Government of Canada is helping farmers find new markets, adapt to current economic challenges, and make their businesses more efficient and environmentally sustainable. The next phase of the EAP will remain focused on strengthening the economy, while working toward returning to balanced budgets and securing Canada's economic future. For more information on the EAP , visit www.actionplan.gc.ca.
For more information, media may contact:
Media Relations
Agriculture and Agri-Food Canada
Ottawa, Ontario 613-773-7972 1-866-345-7972
Meagan Murdoch
Director of Communications
The Office of the Honourable Gerry Ritz 613-773-1059