FPS Food Process Solutions Receives $2M in Funding to Commercialize Innovative Technology in the Manufacturing Sector
Vancouver, BC – In an announcement on May 30, presented by the Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), FPS Food Process Solutions (“FPS”), will receive $2M in funding to further expand commercialization of the Spiral Immersion System (SIS)™, a revolutionary technology in the food processing industry.
The funding, provided through the Business Scale-up and Productivity (BSP) program, recognizes high-growth businesses in British Columbia in specific industry sectors such as advanced manufacturing with financial assistance in the form of an interest-free loan and extended repayment program.
“We are truly excited to receive this recognition and support. As we are already committed to commercializing this new technology, it is even more of an incentive to ensure we meet our target without increasing costs. This funding announcement is further proof we can grow and accelerate our business and place B.C. on the map as a manufacturing growth sector,” says Jeffrey Chang, President of FPS Food Process Solutions.
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For more information contact:
Shirley Wong | Communications Manager
Phone: 604 232-4145 Ext. 1239
shirley.wong@fpscorp.ca
About FPS Food Process Solutions:
Who We Are
FPS Food Process Solutions, a global leader in turn-key freezing and cooling equipment, employs over 500 staff around the world. Established in 2010, FPS has a combined 600,000+ sq. ft (55,742 sq. meters) of space in 14 locations including its Canadian headquarters, manufacturing and warehouse facilities as well as international sales offices across five continents.
Our Vision is to Revolutionize Hygienic Standards
We use the most leading-edge technology and innovation to move our industry forward. Our focus on hygiene is the foundation for safe food production. Our purpose is to revolutionize the food processing industry and ensure the safest and cleanest global food production for all.
Our Mission is to Set a New Standard
We invest in our people and partners. We believe the best results come from strong collaborations. We aim to raise the bar in our field by providing close client relationships, offer outstanding levels of service, and implement global hygienic standards. We believe that together, we will set a new standard.