$241M Wheat Flour Facility in Alberta
Episode Stats
Words per Minute
149.58876
Summary
Learn more about P&H Milling Group's new flour milling facility in Lethbridge, Alberta. Minister of Agriculture and Irrigation Billions of Canadian farmers grow about one-third of the world's wheat and produce about a third of Canada's durum. The new milling plant will transform Western Canadian farmers' wheat into flour, and will also create spin-off jobs in the commercial baking industry.
Transcript
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It's exciting to be standing with you on the site of your new flour milling facility and it's great
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to have MP Earl Dreschen and Mayor Jim Wood join us for this event as well. Now first off I'd like
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to thank P&H for choosing Alberta again for your newest milling operation. Our government understands
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the positive effect you've had on the agri-food industry here for the past 50 years and from the
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time you expanded your wheat and durum milling operations to Lethbridge in 1975 until today
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you've led the way in producing high quality products to meet changing consumer demands.
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Now P&H is known for going above and beyond when it comes to production and safety standards.
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You treat your workers customers and community right and we really respect that here with
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province of Alberta and we appreciate that you always strive for continuous improvement
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and you do what it takes to minimize impacts on the environment. Beyond all these outstanding
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qualities we appreciate the fact you source Alberta grown wheat and peas for your mills across Canada.
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When this new flour mill comes online and ramps up production I can assure you Alberta will be ready
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to meet the growing demand. After all our farmers grow about one-third of Canada's wheat crops and I'm
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always proud to say that as the Minister of Agriculture and Irrigation I believe we've got the best farmers
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and ranchers in the world right here in Western Canada. That said our government knows national
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companies like yours have lots of options when it comes to business expansion. That's why we made it a
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priority to offer a welcoming business friendly environment here. While Alberta has always offered
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one of the most competitive business tax systems in North America we knew we could do better. So we
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introduced the agri-processing investment tax credit in the spring of 2023 and as you can see it's doing
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its job to attract large-scale investments in Alberta's value-added ag manufacturing sector. Today I'm pleased to
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announce that P&H milling group has qualified for this program. We estimate the company will be eligible
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for a tax credit up to 27.3 million for investing 241 million in the new state-of-the-art mill that will
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transform wheat into flour. The project is expected to create about 27 permanent jobs and about 200 temporary
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jobs right here in central Alberta and when the facility is operational about 750 metric tons of
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wheat from Western Canadian farmers will be milled into flour every single day. P&H will also sell by
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products from the milling process to the livestock feed industry across Canada to create products for
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farm animals and fish. We are also excited about the potential for this project to attract spin-off
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investments in the commercial baking industry. A potential and I'll put the call out there we got
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our agri-invest team working every day if you're a commercial baker I think this is a great area and
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a great time to be investing in Alberta. Now all those things considered this project has numerous benefits
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for Albertans and all Canadians and I'll leave it to Mayor Wood and Lloyd Heimbecker to tell you more about
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that but in conclusion before they do I'd like to invite all ag processing companies to check out our
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ag tax credit program on alberta.ca find out how we're providing the right conditions to invest in
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the province and maximize returns while helping to stimulate our economy