Mid-Isle Farms gets $400K for expansion
A potato farm in western P.E.I. is getting $400,000 from the federal government to help expand its business.
ACOA, through its Business Development Program, will provide Mid-Isle Farms of Albany with the repayable contribution.
Mid-Isle Farms says the money will enable it to carry out necessary upgrades to its current production facility. In order to grow its export sales, the company says it will invest in additional bagging and bailing equipment to meet demand during its highest peaks.
Seven local farm families
Mid-Isle Farms Inc. was formed in 1982 by the co-operation of seven local farm families.
"We are proud to say that after 35 years, all seven families are still investing in the business, and our local community, to see it continue to prosper," Rick Burt, CEO of Mid-Isle Farms, said in a news release.
"This investment will enable Mid-Isle Farms continue to expand its FoodTrust brand even further into the marketplace."
-
MORE P.E.I. NEWS | Spinning some yarns: Small farm gets help to create woolen mill
-
MORE P.E.I. NEWS | 'Losing a lot of their friends': Rezoning worries Donagh parent
