EDMONTON, AB - Canadians have long demonstrated the determination and ingenuity needed to lead the development of innovative technologies and processes that advance the agriculture industry. The agriculture and agri-foods sectors are of vital importance to the Canadian economy, providing opportunities for value-added food and food ingredient manufacturing that support high-quality jobs for Canadians.
Today, the Honourable Jim Carr, Special Representative for the Prairies, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, and Minister responsible for Western Economic Diversification Canada (WD), announced a federal investment of $2,942,050 for Edmonton-based BioNeutra to further grow its product line of organic plant-based food ingredients for the global market.
WD funding will enable BioNeutra to acquire equipment needed to double its manufacturing capacity and move its bottling processes from a foreign supplier to the company's Alberta facility. The federal investment will help to better position BioNeutra to expand globally, creating quality jobs for Albertans, and building on Canada's reputation as a leader in the agri-food sector. Over the next four years, the project is expected to result in more than 20 high-value jobs.
BioNeutra focuses on converting starch molecules to healthier food ingredients without chemical modification. The company's Alberta location is the only North American facility manufacturing a type of healthy food ingredient made from plant starch. This process enables BioNeutra to produce its VitaFiber line of products—a naturally sweet, low calorie, and high fiber alternative to sugar. The VitaFiber line of natural and organic food products are sold to consumers and to food manufacturers looking to use healthier alternatives to sugar in their products.
Source : Cision