Alberta’s milling sector is set to boost its capacity by 750 tonnes of wheat per day.
P&H Milling Group — a division of Parrish & Heimbecker, Limited — is building $241 million facility in the Red Deer County hamlet of Springbrook, with $27.3 million of that to come from the Province of Alberta’s Agri-Processing Investment Tax Credit program for Alberta’s food processing industry.
According to a September 6 Government of Alberta news release, the project is expected to create about 27 permanent and 200 temporary jobs. Milling by-products will be sold to livestock feed operations across Canada to create products for cattle, poultry, swine, bison, goats and fish.
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The new facility will complement P&H’s wheat and durum milling operation in Lethbridge, said the release. It also has capacity to add two more flour mills as demand for the product increases.
“This new facility not only strengthens our position in the Canadian milling industry, but also boosts Alberta’s baking industry by supplying high-quality flour to a diverse range of customers,” wrote P&H Limited CEO John Heimbecker.
“We are proud to contribute to the local economy and support the agricultural community by sourcing 230,000 metric tonnes of locally grown wheat each year.”
Eligibility for the credit depends on corporations investing at least $10 million in the building or expansion of a value-added agri-processing facility in Alberta. It offers a 12 per cent non-refundable tax credit based on eligible capital expenditures.
“P&H Milling Group’s new flour mill project is proof our Agri-Processing Investment Tax Credit program is doing its job to attract large-scale investments in value-added agricultural manufacturing,” said Alberta Minister of Agriculture and Irrigation RJ Sigurdson.
“With incentives like the ag tax credit, we’re providing the right conditions for processors to invest in Alberta, expand their business and help stimulate our economy.”
Mayor Jim Wood praised P&H for choosing Red Deer County as the facility’s location.
“We are grateful P&H Milling Group selected to build here in Red Deer County. This partnership will bolster our local economy and provide invaluable support to our farmers, while showcasing the advantage of our centralized location in Alberta.”