P.E.I. cheesemaker gets federal funding boost to grow business
Charlottetown – Cows Inc. will receive up to $1.8 million from the federal government under the Dairy Processing Investment Fund and an additional $800,000 from the Atlantic Canada Opportunities Agency to grow its business.
The funding is intended to help the cheese processor expand its processing capacity to introduce new types of cheese and butter, bringing further international recognition to Canadian cheese making, Agriculture and Agri-Food Canada said in a news release.
Cows' creamery expansion will lead to greater demand for milk from P.E.I. dairy producers, improved processing capacity, lower production costs and product certification, the release said.
Minister of Agriculture and Agri-Food Lawrence MacAulay and Charlottetown Member of Parliament Sean Casey made the announcement on Aug. 30 in Charlottetown as part of Minister MacAulay's "Growing Canadian Agriculture" tour.
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