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Huron Expositor, 2006-09-27, Page 3News Beef plant organizers look for foreignfood company to invest From Page 1 BSE crisis to 105,000 a week today with open borders between Canada and the U.S., Nichol said CanAdvance could not see past the fact that the Brussels plant would increase that capaci- ty by 1,000 head a week. "So we got turned down for the sake of less than one per centa week in capacity. It's a drop in the bucket," he said. He added whatCanAdvance failed to see was ` that the Brussels plant is not planning to market its beef in the U.S. but in foreign markets. Nichol said a recent announce- ment by the federal government that $50 million will be spent on researching international mar kets for Canadian beef will only benefit existing beef plants even though, ironically, markets in Mexico, Southeast Asia and Hong Kong are the markets being targetted by the proposed Brussels beef plant. "With so much attention given to the U.S. market during the BSE crisis, we forget that other regions of the world are interested in what Canada has to offer," Nichol said in a recent press release. "Hong Kong and Southeast Asia are among the fastest growing markets in the world and with increases in the standard of living; the demand for high quality meat products is growing immensely," he said. Huron East economic develop- ment officer Ralph Laviolette said the plan now is to look for a foreign investor in the Brussels plant. "Our attention has always been to the foreign export mar- ket and we know in theory, it's viable," he said. Nichol said a foreign food com- pany that wants to establish a secure supply chain of beef could easily be interested in buying a plant in Canada. He added the model of a co-op owned by local farmers no longer seems to be a viable option since so many local farm- ers are struggling financially. "We. would have liked nothing better than to have this plant producer -owned. But, the reality is we have a price tag of $35 million to build the plant and we are just not going to find that kind of money from the producers themselves," he said in the press release. The proposal is now being shared with offi- cials at the federal Agri -food Investment Secretariat and the Ontario Investment Service, both of which deal frequently with out -of -country investors, to start "shopping it around." Laviolette says the concept of the Brussels plant is still a good one. "We're still trying to reduce the risk of the local producer so he can avoid being trapped by the existing system. This is still an oppor- tunity to smooth out the curves of a volatile market," he said. �t� got a good strong committee that's willing to carry on. We're not dead and we haven't lost a dime in this yet,' -- Huron East Mayor Joe Seili Healthkick segment shows program as unique, innovative From Page 1 very hands-on," said Curtis. Overholt said it was wonderful to be noticed as a unique program. "This will help to get us better known and I don't think it will hurt when we're making new (funding) applications that we've gone beyond Huron County borders," she said. The Town and Country Ontario program airs on A Channel in London at 7 a.m. Saturdays and on Global at 6:30 a.m. Saturdays. The segment on Healthkick Huron is expected to air sometime -in March. McTaggart Wettlaufer INSURANCE BROKERS INC. • AUTO • HOME • FARM • TRAVEL. • COMMERCIAL • LIFE INSURANCE BROKERS Paul Wettlaufer • Amy Siemon Suzanne Zehr • Leigh Crawford Ken Hutchison • Bill Siemon 68 Ontario Rd. 348-9150 Mitchell 1-800-561-0183 CELEBRATE THE cIea&OrtAND CELEBRATE THE The Huron Expositor • September 27, 2006 Page 3 ThiokingaboutquittiDg? 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