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
The facility is designed to foster innovation and deepen collaboration with customers, by offering a range of new services and solidifying its role as a central hub for customer support. Tereos’ team, supported by a network of 50 scientists, will ensure customers can innovate and meet the rising consumer demand for healthier and more sustainable products.
Glanbia has agreed to acquire Flavor Producers from Aroma Holding for an initial consideration of $300 million. Flavor Producers is a US-based flavour platform, providing flavours and extracts to the F&B industries, with a focus on organic and natural ingredients.
Lesnard, who previously worked at Nike, The North Face and Sephora, has a mission to “grow and sustain GODIVA’s position and expertise in the premium chocolate category, leveraging ongoing support from pladis to take GODIVA and its legendary chocolate to new heights.”
