Features Business Companies
McCain grants provide $2M in investments towards PEI businesses

May 18, 2017, Borden-Carleton, PEI – The recipients of grants from a $2 million transition fund set up by McCain after it closed its potato processing plant in 2014 in Borden-Carleton were announced Tuesday.

Nine businesses and the municipal government received grants. The amounts ranged from $7,000 to $1 million. The 10 successful applicants announced in a press release include:

MacDougall Steel: $1 million.
Silliker Glass: $300,000.
Atlantic Beef Products: $142,000.
Mrs. Dunsters: $26,000.
Tree Top Haven: $25,000.
Island Apple Storage: $25,000.
P.E.I. Handpie Company: $7,000.
Town Of Borden-Carleton: $50,000.
Canadian Cold Storage: $200,000 (subject to project approval).
Larkins Poultry: $225,000 (subject to project approval).

Relevant to the fruit and vegetable industry, Island Apple Storage Association will construct and operate a “controlled atmosphere” storage facility in the Borden-Carleton area that will have the capability to hold up to 1000 bins of apples.