FedDev Ontario invests nearly $2.4M to help three food companies scale up

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) invest nearly $2.4 million towards the growth of three southern Ontario food manufacturing companies: Coco Bakery, Metzger Meats and Al-Shamas Food Products.

This investment will help these three companies adopt new equipment, increase their manufacturing capacity and create 56 jobs across southern Ontario.

“Investing in southern Ontario’s food manufacturers and the businesses that support them is integral to ensuring that high-quality food reaches grocery store shelves and families across the country. Today’s investment of nearly $2.4 million will support three businesses as they showcase the abilities of our local food manufacturers, while also creating good jobs, and contributing to a strong southern Ontario economy,” said Filomena Tassi, minister responsible for the Federal Economic Development Agency for Southern Ontario.

Founded in 2012, Mississauga-based Coco Bakery manufactures sweet goods, including French macarons cake pops, and more, for private companies and major retailers across Canada and the U.S. It is a wholly owned subsidiary of Toronto-based Bond Bakery Brands, a shareholder-focused investment platform.

Established in 1990 and incorporated in 2017, Metzger Meat Products is a Hensall-based, award-winning food processor of smoked and European-style cured meat products.

Established in 2014 and located in Mississauga, Al-Shamas Food Products manufactures 60 types of halal ethnic frozen foods, including kebabs, samosas and tandoori chicken, which are sold under its own and private labels in domestic and U.S. markets.