Do you work in the Value-Added Agriculture Industry?
Vegreville’s Agriculture community is extremely vibrant, making it the ideal location for you to start a materials or food processing businesses. There are almost 2 million acres of seeded crops in Vegreville’s surrounding area, yet these crops are shipped to another location for processing. Vegreville’s location on Highway 16 and proximity to CN’s Trans-Canada Railway makes cross-country exportation accessible and simple.
On September 2, 2020, the Government of Canada announced that the Town of Vegreville will receive $8,250,000 through the Investing in Canada Infrastructure Program to build the Town of Vegreville Agri-Food Industrial Park. The Industrial Park will be located at SE17-52-14-W4, and construction will begin in May 2021. The eighty-acre development will be fully serviced and will target leading hemp innovators to the bustling industry in Vegreville. The project, costing $9,900,000, is expected to be completed by October 2022.
Our community is in a unique position in which we are surrounded by planted crops many varieties, yet there are very few businesses that process those crops into materials or consumable products. The low competition in this area is perfect for you to open or expand your processing business. As the current home of a major CBD manufacturer (Chromtec), and future home of a hemp processing facility, Vegreville is poised to become the hemp Capital of Canada. This will bring many opportunities for value-added manufacturing in hemp textiles and materials production, a new industry needing an ice breaker in our community. There are many thriving industries and occupations nearby to complement and interconnect with your processing business. Increasing the Town’s business mix is a priority for the Town's economy and investing in this industry creates many possibilities in meeting that goal.
Here at Economic Development, we understand the opportunity for Vegreville’s growth in this value-added industry, and we are here to guide you through it all.