Two Quebec dairy processors will receive up to $893,000 from the Dairy Processor Investment Fund (DPIF).
Fromagerie Perron Inc. will receive up to $600,000 from the fund and will receive a repayable contribution of up to $564,000 from the Canada Economic Development for Quebec Regions.
The parent organization of Fromagerie Perron, Nutrinor Coopérative will also receive up to $293,000 from the same DPIF.
The money will be used to help purchase and install new equipment including a pasteurizer and a complete refrigeration unit which the company says will increase production capacity and improve efficiency. Five jobs are expected to be created at Fromagerie Perron from this addition.
For Nutrinor Coopérative, the money will go towards a new automated high-temperature equipment to sterilize and render aseptic milk and creams, extending the shelf life of products and reducing production costs.
“This investment will help these local businesses expand and create opportunities for growth and economic development. Our government is pleased to work closely with industry to ensure Canadians have access to top-quality products, while creating well-paying jobs for families in Quebec.”
– The Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food
“The modernization of our equipment is essential to our vision for the future. It will certainly allow us to improve our competitiveness with European cheeses, strengthen our position on the Canadian market and increase the manufacturing volume of our aged cheeses, while giving us the ability to create new value-added products.”
– Marc Landry, CEO, Fromagerie Perron