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Governments invest in Maison Russet’s continued growth

The federal and provincial governments simultaneously announced significant financial contributions to the development of sweet potato processor Maison Russet on August 15. The company, which is now the third-largest producer of frozen sweet potato fries in North America, plans to invest $42 million over the next three years to modernize its manufacturing and handling processes.

During a visit to the Huntingdon-based plant, the Quebec minister of Agriculture, Fisheries and Food, André Lamontagne, announced that the company would receive $1.5 million out of the budget to maintain initiatives under the Politique bioalimentaire 2018-2025 and the Ministère de l’Agriculture, des Pêcheries et de l’Alimentation. Maison Russet will also benefit from a loan of $13,605,000 under the ESSOR program, which is overseen by the Ministère de l’Économie, de l’Innovation et de l’Énergie and administered by Investissement Québec.

Huntingdon MNA Carole Mallette and Salaberry-Suroît MP Claude DeBellefeuille were present in Huntingdon for the announcement, as was Huntingdon’s mayor, André Brunette, and representatives from the town and the MRC du Haut-Saint-Laurent.

 

Salaberry Suroit MP Claude DeBellefeuille and MRC du Haut Saint Laurent prefect Louise Lebrun joined Maison Russet president and CEO Léopold Moyen Huntingdon MNA Carole Mallette André Lamontagne the provincial minister of Agriculture Fisheries and Food and Mayor André Brunette at the Huntingdon based plant on August 15 for a funding announcement PHOTO Sarah Rennie

 

A press release issued by Canada Economic Development for Quebec Regions (CED) announced on behalf of Soraya Martinez Ferrada, the minister of Tourism and minister responsible for CED, that Maison Russet would also receive a repayable contribution of $3.2 million to help the business reduce its carbon footprint.

“Thanks to provincial and federal financial commitments, we will now be able to focus our development and innovation efforts in Huntingdon,” said Léopold Moyen, the president and CEO of Maison Russet. The funds will allow the company to invest in automation while diversifying its product range. The investment is expected to boost Maison Russet’s production capacity by as much as 25 per cent, once completed.

Mallette noted the significance of Maison Russet to the area, while DeBellefeuille highlighted the company’s innovation in a statement issued following the site visit and funding announcement.

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