NewsBusinessGovernment Invests in McCain High-Speed Potato Specialty Line

Government Invests in McCain High-Speed Potato Specialty Line

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The federal and New Brunswick governments are investing in a new high-speed potato specialty line at the McCain’s Grand Falls facility, the government says in a news release on Feb. 2.

“This significant investment into the Grand Falls facility will ensure that New Brunswick operations remain competitive and productive. We know our people and our province have a lot to offer the world,” Blaine Higgs, premier of New Brunswick, says in the release.

Through Atlantic Canada Opportunities Agency (ACOA) the governments are giving $5 million to support the implementation of a high-speed potato specialty line at the McCain’s Grand Falls facility, creating 80 new jobs, the release says. ACOA is providing a repayable contribution of $3.5 million for the advanced manufacturing equipment while Opportunities New Brunswick is investing up to $1.5 million in payroll rebates over a period of three years. While McCain has invested $80 million to expand production capacity at the site as part of this project.

“As part of our ongoing global investment program, we’re proud to continue to grow and strengthen our business in our home of New Brunswick, Canada. We’re grateful to the Atlantic Canada Opportunities Agency and Opportunities New Brunswick for their support in this flagship project that will see the creation of jobs while boosting the local economy at large,” Max Koeune, president and CEO of McCain Foods, says in the release.

The new state-of-the-art manufacturing line incorporates the latest technology for process efficiency and quality, including best practices for water and energy use. This project allows the company to expand its local supply chain and create spinoffs for the region’s small and medium-sized businesses as part of its growth strategy in Grand Falls, the release notes.