Canada: Alberta, feds back new Lethbridge potato processing plant

The federal and Alberta governments are set to cover over $22 million in costs related to the construction of Cavendish Farms’ new potato processing plant at Lethbridge. The two levels of government on Monday announced $20 million for the City of Lethbridge for related municipal infrastructure developments, through the federal/provincial Clean Water and Wastewater Fund and Alberta’s Capital Plan. The funding for the infrastructure upgrades in Lethbridge’s Sherring Industrial Park follows talks between the city and the province after the plant’s construction was announced in December. Monday’s announcement was made during the official groundbreaking for the new plant, which is expected to create demand for an additional 9,000 acres of potatoes, the province said, pegging the crop’s per-acre value in the $3,500 to $4,000 range. Cavendish is one of several major players in southern Alberta’s potato market. McCain Foods has a plant at Coaldale, about 15 km east of Lethbridge, while Lamb Weston and Frito Lay Canada operate plants at Taber, about 50 km east. More