Canada Economic Development

Canada Economic Development

March 19, 2010 11:00 ET

Laiterie des Trois Vallees Receives $280,000 From Government of Canada to Acquire Specialized Equipment

MONT-LAURIER, QUEBEC--(Marketwire - March 19, 2010) - The Honourable Denis Lebel, Minister of State for Canada Economic Development, today announced that Laiterie des trois vallées has been granted $280,000 in repayable funding through the Community Diversification program for the acquisition of specialized equipment that will enable the dairy to increase productivity.

Established in 1993, Laiterie des trois vallées groups together some 60 local dairy producers and is one of only six regional dairy plants still in operation in Quebec. Sold under the Mon Lait brand name, the company's products are known for their authentic, old-time taste and are distributed primarily in the Laurentides and Haute-Gatineau regions. 

"The financial support that Canada Economic Development lends enterprises helps them ensure their growth and success. In 2007, Laiterie des trois vallées set out on a path to improve its manufacturing processes and our assistance has enabled it to stay the course. In the end, it will emerge more competitive and in a stronger market position than ever before. I am delighted that this project, which will require an overall investment of $957,000, will result in the creation of three new jobs and the maintenance of another 15 direct and indirect positions," explained the Minister of State.

The funding from Canada Economic Development will serve for the acquisition of such equipment as a pasteurizer, plastic bottle filling machine, refrigeration tank and state-of-the-art control instrumentation. As an agri-food enterprise, Laiterie des trois vallées operates in a sector of the economy that Canada Economic Development's Laval–Laurentides–Lanaudière business office has identified as a priority for the region.

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