with federal and provincial help
TIGNISH -- The federal and provincial governments are helping Royal Star Foods in Tignish nearly triple its cold storage capacity. The Atlantic Canada Opportunities Agency is providing the co-operative with a $500,000 repayable loan while the P.E.I. government, through the Department if Innovation and Advanced Learning is providing a $325,000 grant and a $475,000 loan.
The total cost of the expansion, which will increase the plant’s cold storage capacity from 97,500 cubic feet to 285,000 cubic feet, is around $2.8 million with Royal Star covering the balance.