The Canada Economic Development for Quebec Regions (CED) is offering a repayable contribution of $3,200,000 for Russet House. This CED support will enable the business to increase its production to better meet demand and export markets.
“Since it was launched, Russet House has committed to being an unparalleled strategic partner—for its employees, its clients, and its suppliers,” said Leopold Moyen, President and CEO, Russet House. “This investment will enable us to continue to deliver a product of unsurpassed quality, continue to invest in our team, and give ourselves the opportunity to do everything in house.”
Founded in 2007, Russet House specializes in the production of frozen sweet potato fries. The family business has become the third largest producer of frozen sweet potato fries in North America. The aim of CED’s assistance is to enable the business to become more competitive, while reducing its carbon footprint by modernizing its manufacturing and handling processes at its Huntingdon plant.
“Our government has a mission to guide the country’s businesses into the economy of tomorrow and help them seize business opportunities as they arise,” said Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister responsible for CED. “That is why we are providing our support to key sectors in Quebec’s various regions, including agri-food. Projects such as the one by Russet House will help ensure the recovery is inclusive and create good value-added jobs in our communities. Congratulations to the entire team on the success of this thriving business!”
Source: www.foodincanada.com