Gay Lea Foods Co-operative Ltd., a cow, and goat milk dairy processor will receive up to $16.9 million through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) and Agriculture and Agri-Food Canada’s Dairy Processing Investment Fund (DPIF).
With this funding, Gay Lea Foods is expanding its Teeswater, Ont., facility and will install advanced processing equipment and systems. The upgrade will allow Gay Lea Foods to produce new, high-value milk products, particularly for the health food and nutraceutical markets, the cooperative says, and increases its overall demand for milk.
Part of the funding is earmarked to help the co-op minimize by-product waste and reduce the plant’s environmental footprint, as well. The combined expansion and upgrade will create approximately 13 new jobs and help to maintain an existing 50 at the Teeswater facility, according to the cooperative.
Gay Lea Foods has been in operation as a Canadian owned co-operative for 60 years with over 4,300 producer and investor shareholders on 1,400 dairy farms in Ontario and Manitoba.