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HomeNewsNOHFC investing nearly $750K into food and agriculture

NOHFC investing nearly $750K into food and agriculture

Almost $750,000 is going into northern food and agriculture projects. The Northern Ontario Heritage Fund Corporation is putting money into businesses in Kapuskasing, Thornloe, and Temiskaming Shores.

Fromagerie Kapuskoise is getting $200,000 to transform their business from a house to a cheese factory and retail store. Claybelt Drainage, also in Kapuskasing, is getting the same amount to build a maintenance facility for their tile drainage business.

Thornloe Cheese will use just over $64,000 to buy new equipment to expand their cheese line. The R & T Farm in Temiskaming will use $80,000 to expand their farm, and buy equipment needed for goat’s milk.

Minister of Northern Development and Mines, Michael Gravelle, says in total seven businesses are getting funding. He says the agri-foods sector is an economic priority, and all of the businesses getting funding is a positive investment in the northeast economy. He says the NOHFC adjusted their criteria to make it easier for businesses to apply for the funding.

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