The Ontario government is helping make Cobourg open for business and open for jobs by investing in the province’s food and beverage processing sector.
David Piccini, Member of Provincial Parliament for Northumberland-Peterborough South, announced Post Foods Canada is receiving $412,700 to expand production capacity for non- geneticallymodified bran flakes and organic raisins, creating 47 new jobs and retaining 317 positions in its Cobourg and Niagara Falls plants.
“Since taking office, our government has sent a clear message that Ontario is open for business and open for jobs,” said MPP Piccini. “We’re creating an environment where businesses can focus on what they do best — developing great products and services and building successful companies. It’s great to see Post Foods invest in new technology to grow their business while creating jobs and boosting the economy of Cobourg, and Ontario as a whole.”
Post Foods Canada Inc. produces, markets and distributes cereals for the United States and Canada.
QUICK FACTS
· In the Budget, the government introduced the Open for Jobs Blueprint to help transform Ontario’s business support programs.
· Ontario has over 10,000 businesses with 100 or more employees that account for roughly two per cent of the province’s businesses.
· There are over 400,000 small businesses (with 1-99 employees) in Ontario, accounting for about 98 per cent of all enterprises with employees.
· Post Foods Canada Inc. was established in 2012 and operates as a wholly owned subsidiary of Post Holdings Inc., which was founded by C.W. Post in 1895.
· Since June 2018, employment in Ontario has risen by 272,400.
Author: Pete Fisher
Has been a photojournalist for over 30-years and have been honoured to win numerous awards for photography and writing over the years. Best selling author for the book Highway of Heroes - True Patriot Love
