FedDev Ontario invests in Imagoh Foods, Redstone Food Group

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is investing $1.5 million in Scarborough-based Imagoh Foods and $2 million in Mississauga-based Redstone Food Group to help them adopt advanced technologies and build production capabilities.

Imagoh specializes in the production of Asian-inspired ethnic food that are sold in more than 500 stores in Canada. Redstone manufactures private label baked goods for the retail and foodservice sectors.

Redstone intends to use the funds to buy new machinery and AI control systems. Imagoh plans to incorporate advanced manufacturing equipment in its plant.

These grants were part of a $15-million round of investment in eight manufacturing companies in the Greater Toronto and Hamilton Area (GTHA).

“The GTHA has a proud manufacturing legacy, and today’s investments of over $15 million will help eight local companies continue to innovate and grow. From clean energy and food production to advanced cybersecurity and rail technology, these projects are building a stronger regional economy and creating opportunities for workers and communities across southern Ontario,” said Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario Evan Solomon.