The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has announced an investment of over $1.7 million in Brampton-based Italpasta Limited to boost local food manufacturers.
The investment will help the family-owned and operated company replace old equipment with a production line with triple the production capacity. In addition, the new manufacturing line and equipment will reduce production times, increase supply chain spending and create 10 skilled jobs.
Joe Vitale, the founder and president of Italpasta expressed his gratitude for the Canadian government and said, “The funding not only empowers us to address the escalating demand for our products across North America but also reaffirms our role as a beacon illuminating Canadian wheat farmers and championing locally crafted, premium-quality, affordable products that families can be proud to serve to their loved ones.”
Vitale further said that the investment will contribute to the local economy and help in creating more jobs for the people of Brampton.
Founded in 1989, Italpasta is the largest pasta manufacturer in Canada, employing approximately 200 staff. Its products are made in Canada with 100 per cent Canadian wheat and are sold to retail and food service clients across Canada and the U.S.
FedDev Ontario minister Filomena Tassi, parliamentary secretary Maninder Sidhu and member of parliament for Vaughan–Woodbridge Francesco Sorbara, announced the investment.
“This announcement is good news for both the Brampton region and Canada’s food manufacturing industry as it will support a leading business in our community while strengthening local supply chains and increasing production of made-in-Canada food products,” Sidhu said.
“These investments not only strengthen the competitiveness of Canadian companies, they also contribute to our long-term economic growth,” Tassi said.
The project will support clean growth outcomes by reducing the company’s energy consumption and carbon footprint by 20 per cent through its modernized storage silos and manufacturing processes.
Since 2015, FedDev Ontario has invested over $40 million in more than 100 projects in Brampton, estimated to have created and maintained over 1,300 jobs. Since 2015, the agency has invested over $75 million in more than 80 food manufacturing businesses.
Source: www.foodincanada.com