Drake Meat Processors completes a round of equity investment, which was led by Golden Opportunities Fund with participation from Farm Credit Canada Capital and a group of Saskatchewan-based investors. Proceeds from the equity raised will be used to support the construction of a new 53,000-sf meat processing facility in Saskatoon, Sask., capable of producing over 8 million kg of product annually. The new facility will include a tempering room, an automated bacon line, an automated injection system and natural gas smokehouses. This expansion is expected to create up to 200 new jobs once the facility is fully operational.(continue in article) (ICE TORONTO)

Fonte notizia: https://www.foodincanada.com/food-business/drake-meat-processors-secures-funding-for-new-plant-16031