The Atlantic Canada Opportunities Agency (ACOA) makes an investment of up to $12 million in Amalgamated Dairies, Summerside, P.E.I. The funding will help the dairy farmer-owned co-operative modernize its milk receiving and processing operations and invest in new automated cheesemaking equipment.
Established in 1953, Amalgamated Dairies is owned by Prince Edward Island dairy farmers. It produces a wide range of dairy products including cheese, butter, fluid milk and evaporated milk. The co-operative processes about 120 mL of local milk per year.
Agriculture and Agri-Food Canada is providing up to $10 million through the Supply Management Processing Investment Fund, which support processors in supply-managed sectors to address the impacts of recent international trade agreements. ACOA is providing up to $2 million through the Regional Economic Growth through Innovation program, which supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation.
“We will always stand up for Canada’s supply management system and the family farms and rural communities it supports. Amalgamated Dairies has long been a vital pillar of the dairy industry here on Prince Edward Island. This funding will help them add new automated equipment and boost processing capacity so they can provide folks with more of their top-quality products,” said Lawrence MacAulay, Minister of Agriculture and Agri-Food.
“This significant funding will allow Amalgamated Dairies to modernize and enhance operations at our cheese processing facility in Summerside. It will ensure that Amalgamated Dairies is competitive in cheddar and specialty cheese processing for decades to come by allowing for investment in additional production capacity, milk processing technology, and sustainability measures for our co-operative. This investment from the Government of Canada is crucial to Amalgamated Dairies remaining innovative and able to adapt to evolving market needs,” said Chad Mann, CEO, Amalgamated Dairies.
Source: www.foodincanada.com