ADL adding new jobs as Summerside operations expand
Creating jobs for Islanders -
An $18 million addition at ADL's (Amalgamated Dairies Limited) Water Street cheese plant in Summerside will create jobs and better position the company to diversify its products and expand into new markets.
The provincial government will support the expansion project with an enriched investment tax credit worth $4.47 million. ADL is a dairy cooperative owned by 165 family dairy farms and employs 270 Islanders province wide.
“ADL is a major employer, a vital link from farm to table, and one of the top exporting companies in Prince Edward Island,” Economic Development and Tourism Minister Chris Palmer said.
“This project will allow the company to hire new workers, expand into new markets, increase sales, and reduce production costs. It exemplifies what makes Prince Edward Island mighty; innovative, hard-working Islanders joining together to make big things happen that benefit our entire province.”
Improving and modernizing processing equipment and technology will allow ADL to diversify products and work with partners to seek new markets. ADL expects to add up to 25 new jobs as a result of the expansion.
“The investment announced by the province of PEI will assist with providing ADL the ability to adapt to the new realities in the Canadian dairy industry and invest in the infrastructure and innovation that are needed to grow and diversify our business into the future” said ADL CEO and general manager Jim Bradley. “Today’s announcement ensures that the on-farm investments that are currently being made by 165 PEI dairy producers to increase production are made with confidence and reassurance. It is important for them to know that there will be adequate processing capacity to handle their product into the future.”
The Summerside cheese plant expansion will increase ADL’s production capacity by 40 percent and storage capacity by 30 percent.
"This is a significant initiative that will have result in many positive benefits for the dairy industry in this province," Agriculture and Fisheries Minister Robert Henderson said. "This project will contribute to the continued growth and development of the dairy industry and the processing and marketing of high quality dairy products."