Toronto, Ont. – A meat packing company has received a loan from the federal government to upgrade its plant.
The federal government made the announcement of the $3-million loan to Quality Meat Packers Limited late last week.
The company will use the loan to enhance food safety and traceability, improve plant efficiency, and reduce operating costs through the purchase of value-added equipment. The upgrades will also benefit producers in Southern Ontario.
David Schwartz, the president of Quality Meat Packers, adds that the “loan allows us to invest in the modernization of our Toronto plant that has been processing Ontario hogs for over 50 years.”
BetterFarming.com estimates that the company slaughters about 20,000 hogs a week at its Toronto facility and about 7,500 at its plant in Mitchell.
Other federally licensed hog slaughter plants in Ontario are Fearmans Pork Inc. in Burlington, and Conestoga Meat Pakcers in Breslau near Waterloo, Ont.
“Our Government is creating the conditions for growth in the hog sector which will help hog producers and processors compete on the national and international scene,” says Gerry Ritz, minister of Agriculture.