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Ontario wine producer raises a glass
January 6, 2011 By Fruit & Vegetable
January 4, 2011,
Beamsville, Ont – Peninsula Ridge Estates Winery recently received an
investment of more than $97,000 from Canada's Economic Action Plan.
January 4, 2011,
Beamsville, Ont – Peninsula Ridge Estates Winery recently received an
investment of more than $97,000 from Canada's Economic Action Plan.
The repayable
contribution will help the company purchase and install a new state of the art
high-speed bottling and labelling line, allowing the company to double daily
production capacity.
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Niagara MP Dean Allison (left) and Peninsula Ridge Estate Winery owner Norm Beal in front of new bottling machinery. Photo by Simon Wilson/Canadian Press Images |
The new equipment will
also implement new packaging designs, use the latest innovations in wine
closures, and strengthen food safety practices. The project is expected to
result in a significant increase in the annual demand for Canadian grapes by
2013-14, and create new jobs.
The investment is being
delivered by the AgriFlexibility fund through the AgriProcessing Initiative, a
five-year, up to $50 million initiative designed to enhance the competitiveness
of the agri-processing sector in Canada. It provides support to existing
companies for projects that involve the adoption of innovative and
new-to-company manufacturing technologies and processes that are essential to
sustaining and improving the sector’s position in today's global marketplace.
For more information,
please visit www.agr.gc.ca/api.
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