MINISTER HUDAK ANNOUNCES $3.6 MILLION PROVINCIAL INVESTMENT IN FORT ERIE
July 24, 2002 – Tim Hudak, MPP Erie-Lincoln and Minister of Consumer and Business Services, today announced the Province’s commitment to investing $3.6 million in Rich Products, Fort Erie, through the Ministry of Municipal Affairs and Housing’s Rural Economic Development Program. “The Rich expansion supports economic development within the local community and the agricultural supply chain,” said Minister Hudak. “This will help to improve the province’s competitiveness through increased exports to the United States and growth throughout Canada. It’s a win-win for Ontario.”
The $15 million Rich expansion will create 40 direct new jobs (a 20% increase in Rich’s manufacturing employment in Fort Erie) and expand their present production facility by 22,000 square feet. The expansion will provide state-of-the-art manufacturing capabilities for baked breads and rolls. Equally important, the project will assist Rich in adjusting to future trends and developing their export markets.
The project development team that Rich has cultivated for the expansion includes Robin Hood Multifoods Inc., Lallemand Inc., the Ontario Wheat Producers’ Marketing Board and Canadian Niagara Power, Ltd. Additional team members include the Fort Erie Economic Development and Tourism Corporation (EDTC) and The Town of Fort Erie.
Howard Rich, President and Chief Operating Officer, stated “The business alliances that we have forged set a competitive standard that will increase our export capability and position us as a market leader. We are an international company in what is really a bi-national community. We are very pleased to be expanding in Fort Erie.”
“Our EDTC has worked very closely with Rich over the last five months to get to this point,” explained Mayor Wayne Redekop. “Our Council recognizes that this is a notable investment in the Town and a terrific growth opportunity not just today but down the road as well.”
The Rich expansion is one of several projects that the EDTC is supporting. Other announcements are expected in the fall. Herb McGirr, EDTC Chairperson, added, “This past year we have restructured the EDTC, making some significant changes. With results like these, it’s clear we’re moving in the right direction.”
Jennifer M. Patrick, MBA
Communications and Community Relations
The Town of Fort Erie
905-871-1332 x 533