SPRINGFORD, ONTARIO, SEPTEMBER 17, 2011 - A former grain elevator will be transformed into a biomass facility that will create up to 25 jobs and boost the local economy with the support of the Government of Canada. Dave Mackenzie, Member of Parliament (Oxford) announced today an investment of up to $500,000 to Canadian Biofuel.

This investment is a prime example of how our Government is working with local growers and stakeholders to create jobs and develop new opportunities for farmers in our area, said MP Mackenzie, on behalf of Agriculture Minister Gerry Ritz. This project will create new jobs on site and across the region while at the same time improving the bottom line for our farmers; it's a win-win situation.

This project, Canadian Biofuel, will produce 1500 tonnes of biomass fuel each month using two biomass lines (a pellet line and a briquette line), and will operate two shifts to employ up to 25 people. The company will also incorporate a research and development process to determine which crops can be used for the facility such as various types of grasses well suited for the unique, sandy soil of the area. The former grain elevator is located in Springford. It’s location will make it easier to provide greenhouse producers with cost effective and sustainable biomass fuel instead of fossil fuels.

This investment is being provided through the Sand Plains Community Development Fund administered by the Ontario Association of Community Futures Development Corporations. The fund targets community-based initiatives that support regional development, attract and retain people and investment, and stimulate business development and job creation.

For more information on the Sand Plains Community Development Fund, please visit www.ontcfdc.com or www.sandplains.ca.