Crust Craft’s new $51-million high-capacity baking facility in Edmonton will serve local and surrounding markets while boosting our province’s agriculture and food manufacturing sectors. This 120,000 to 150,000 square feet facility will create 55 new, permanent jobs and 25 temporary jobs for hard-working Albertans.
To support this expansion, Alberta’s government will provide $2 million through the Investment and Growth Fund, a deal-closing program designed to attract high-impact, private sector investments to the province. This $2-million provincial investment helped incentivize Crust Craft’s Alberta investment, highlighting a $25.5 return on investment for every provincial dollar invested.
At a time of great external economic uncertainty, Alberta was competing with a U.S. jurisdiction for Crust Craft’s investment. The Investment and Growth Fund helped close the deal, keeping these jobs and investment right here at home.
“Alberta’s government is proud to work with Crust Craft to establish its new facility in Edmonton. Crust Craft choosing to expand its business in Alberta is further proof that our investment-friendly policies and programs, like the Investment and Growth Fund, have a significant impact on retaining and attracting business to Alberta. Looking to the future, the opportunities are endless for Alberta and Crust Craft’s partnership.”
Click here to see more...