Nova Scotia frozen food company approved for $2.1M capital project rebate
World's largest supplier of frozen wild blueberries is planning an $8.5 million capital investment to create an improved packaging line.
HALIFAX—A prominent Nova Scotia frozen food company is in line to receive subsidies of over $2.1-million from the province’s business agency.
Oxford Frozen Foods Limited, the world’s largest supplier of frozen wild blueberries, is planning an $8.5 million capital investment to create an improved packaging line.
Nova Scotia Business Inc. says the company is eligible to earn a maximum rebate of $2,135,000 upon completion of its project.
Under the innovation rebate, a company’s total project costs must be between $2 million and $15 million.
An approved rebate under the program is up to 25% against eligible project costs.
In addition to wild blueberries, Oxford Frozen Foods also sells and manages the processing and packaging of carrots and battered products.News from © Canadian Press Enterprises Inc. 2016