Beamsville, Ont. – The federal government is investing more than $97,000 in Peninsula Ridge Estates Winery.
The repayable contribution, delivered by the AgriFlexibility fund through the AgriProcessing initiative, will enable the Beamsville, Ont.-based winery to make significant changes to its operation.
The winery plans on purchasing and installing a state-of-the-art, high-speed bottling and labelling line; implementing new packaging designs and innovative new wine closures; and strengthening food safety practices. The new equipment will also enable the company to double daily production capacity.
The project is expected to create new jobs, while driving annual demand for grapes from Canadian farmers by 2013 and 2014.
“The AgriFlexibility funding will have a significant impact on our ability to achieve major improvements to food safety, productivity and competitiveness,” says Norm Beal, president of Peninsula Ridge Estates Winery. “This program is an excellent example of how government and business can work together to produce measurable results at little or no cost to the taxpayer.”