Advertisement

Nova Scotia frozen food company approved for $2.1 million capital project rebate

Oxford Frozen Foods Limited, the world's largest supplier of frozen wild blueberries, is planning a $8.5 million capital investment to create an improved packaging line. AP Photo/Steven Senne

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 a $8.5 million capital investment to create an improved packaging line.

READ MORE: Province launches new program to roll back red tape for businesses

Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

Get daily National news

Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

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.

READ MORE: Young people, jobs are coming back to Halifax in record numbers

An approved rebate under the program is up to 25 per cent against eligible project costs.

Story continues below advertisement

In addition to wild blueberries, Oxford Frozen Foods also sells and manages the processing and packaging of carrots and battered products.

Sponsored content

AdChoices