May 6, 2016
Ontario is partnering with Berry Plastics Canada to support the development of new technologies and grow its business, while creating 16 new jobs and retaining 50 positions in Belleville.
Berry Plastics Canada manufactures packaging for clients in the food, dairy and agricultural sectors. With $780,000 from the Eastern Ontario Development Fund, Berry Plastics Canada will invest in new technology to help double production of stretch films, which its clients use to secure products to pallets during distribution. The project has a total value of nearly $7.8 million.
The Eastern Ontario Development Fund is helping to create jobs and diversify the economy by encouraging regional businesses to pursue innovation and new markets. The fund was the model for the successful Southwestern Ontario Development Fund. Together these two funds are helping to create and retain more than 41,000 jobs and attract more than $1.8 billion in investment.
The funds typically cover up to 15 per cent of eligible project costs, with the recipient company funding the remainder from its own resources. This leveraging of private sector investment provides enhanced value for taxpayers.
Attracting new investment to Eastern Ontario is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario’s history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
“Our number-one priority is growing the economy and creating jobs. Our support for Berry Plastics Canada will help it invest in new technology to improve products and boost production. These efforts will enable Berry Plastics to strengthen its product offerings in the packaging sector, while creating good jobs in Eastern Ontario.”
Minister of Economic Development, Employment and Infrastructure
“Berry Plastics is an important part of Ontario’s manufacturing base, and an important employer in the region. Our government is proud to work as a proactive partner with the province’s key industries to promote job creation and business growth.”
MPP, Northumberland-Quinte West
“We are pleased to partner with the Ontario government on this project. We are committed to ensuring our plants have leading technology to produce the best products. Berry Plastics is proud to be an employer and community member in the Belleville region.”
Plant Manager, Berry Plastics Canada
- Berry Plastics Canada is a subsidiary of Berry Plastics Group, which has 20,000 employees worldwide.
- Since 2008, the government has committed over $85 million through the Eastern Ontario Development Fund, leveraging private-sector investment of more than $800 million. These investments are helping to create over 3,700 new jobs and retain more than 14,400 existing jobs in the region.
- Ontario is accepting applications for the Eastern Ontario Development Fund from qualified businesses that are growing and creating jobs. Sectors eligible for the fund include advanced manufacturing, food processing, life sciences, information and communications technology, tourism and cultural industries.
- Ontario’s five-year, $400-million Business Growth Initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale-up and modernizing regulations for businesses.
Ontario is partnering with Berry Plastics Canada to support the development of new technologies and grow its business, while...