Grand River Foods secures $3M from FedDev Ontario, moves expansion ahead
Company to install production line, add 50 jobs under $14.3 million project
CAMBRDIGE, Ont.—Ontario food processor Grand River Foods Ltd. is moving forward with a $14.3 million plant expansion after locking in $3 million in funding from FedDev Ontario.
The Cambridge, Ont.-based company, which makes more than 200 different private-label food products—from frozen burgers to meatballs—plans to use the funds to install a new production line and a new spiral freezer. The project will add 16,150 square-feet to the company’s manufacturing plant, and will be funded by private money, FedDev Ontario’s contribution and $1.3 million from the provincial government, announced late last year.
“This current investment of over $13 million will further enhance Grand River Foods’ capacity and provide us the scale necessary to compete with the largest food processors in North America,” the company’s president, Dean Cebulski, said. “We are proud to have grown our employment base of full-time jobs significantly over the past 10 years, and are happy to be located in the supportive Cambridge community.”
Grand River anticipated its scaling-up will allow it to meet its current customers’ needs in Canada while expanding to new market south of the border. The project is expected to be completed by 2017 and will create up to 50 full-time jobs in Cambridge.