Author of the article: Jeff Labine
Publishing date: Apr 08, 2021 • 22 minutes ago • 2 minute read •
BioNeutra chief operating officer Steve Jakeway stands in front of the company’s Edmonton headquarters on Thursday, April 8, 2021. BioNeutra is getting nearly $3M from the federal government to grow its product of organic plant-based food ingredients for the global market. Photo by David Bloom /Postmedia
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Edmonton-based BioNeutra is nearly doubling its manufacturing capacity and bringing its bottle processing to the area following a nearly $3-million cash infusion from the federal government.
Western Economic Diversification Canada (WD) announced on Wednesday the company will receive $2.9 million to accelerate the expansion of its facility, which produces organic plant-based food ingredients for the global market. The additional dollars are anticipated to create 20 more jobs for the company over the next four years.