Fruit & Vegetable Magazine

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Ontario wine producer raises a glass


January 6, 2011
By Fruit & Vegetable

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ontwinephotoJanuary 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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ontwinephoto 
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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