Friday, March 7, 2008

Cattle producers and Springhill to benefit from announcement

From right: Springhill CEO and Hytek VP Guy Baudry, Neepawa Mayor Bob Durston, Manitoba Agriculture Minister Rosann Wowchuk, and Dauphin-Swan River-Marquette MP Inky Mark, respond to a question from the floor at today's announcement. (photo by Kate Jackman-Atkinson/The Neepawa Banner)


By Kate Jackman-Atkinson
The Neepawa Banner

Today, Provincial Agriculture Minister, Rosann Wowchuk, and Dauphin-Swan River-Marquette MP Inky Mark travelled to Neepawa for a couple of announcements.

One announcement was a $14.7 million assistance package to cattle producers. The program will be funded equally by the provincial and federal governments. This program will give producers a direct payment of up to 3 per cent of historical net sales. Payments will be proportional to the size of the producer's operation, with a maximum of $90,000. It will be open to all ruminant producers.

The another major announcement was $11.8 million towards the planned upgrades to Neepawa's industrial waste water treatment plant. Both the provincial and federal governments will be contributing $5.9 million to the project. The upgraded plant will allow Springhill Processing Plant's new owners, Hytek Ltd., to realize their planned expansion.

Hytek will also receive up to $10 million in an interest-bearing, fully repayable loan through Manitoba Industrial Opportunities Program (MIOP) as well as $600,000 in training assistance to staff the expanded plant.

Be sure to read next week's Neepawa Banner for more on this story, as well as what it means to the community!