The first major packing plant to open in Canada since the late 1980s
will be built in the Borden-Carleton area of Prince Edward Island.
Co-op Atlantic and the newly formed Atlantic Beef Producers
Co-operative will each own half of Atlantic Tender Beef Inc.
The location was chosen because it is close to the largest percentage
of cattle in the Atlantic region and to the Confederation Bridge, which
connects the province to the mainland.
“We will be able to service all of the Atlantic region’s beef producers
out of this plant efficiently and effectively,” said Dean Baglole,
chair of the beef co-op.
The plant will cost between $11.5 and $15 million. It is expected to
open late next year or early 2004, and will initially process 600
cattle per week.
