The Liberal government is reaffirming its commitment to food processing in Ontario.
Premier Wynne says the $40-million jobs and prosperity fund will help maintain and grow the sector in Ontario.
“It seems to me that investing and having better partnerships between government and the food processing industry is a very important way of supporting our agri-food sector, says Wynne. ” And so the jobs and prosperity fund is the large umbrella for for $400-million over 10 years for the food processing industry.”
The agri-foods sector is worth about $34-billion in Ontario annually.
By Trevor Thompson
Source: Blackburn News
NutritionInsight speaks with experts from Kerry, FrieslandCampina Ingredients and Lactalis Ingredients about how this segment has developed over the past year and what innovations will shape the future.
Reckitt Benckiser Group has signed an agreement to offload its Infant Formula and Child Nutrition (IFCN) business in China to private equity firm Primavera Capital Group for $2.2 billion.
A report from the Minneapolis-based online newspaper states that General Mills told employees that layoff plans include 700 to 800 jobs in the US and Canada, as well as 500 to 600 international positions.
