April 6, 2010
WATERVILLE (CNB) - The provincial government is helping to maintain 17 jobs in Carleton County by providing a $100,000-working capital loan guarantee to Covered Bridge Potato Chip Co. Inc. The assistance will enable the company to continue diversifying product lines and expanding into new markets.
Finance Minister Greg Byrne made the announcement on behalf of Business New Brunswick Minister Victor Boudreau. He was joined by Gary Melanson of Enterprise Carleton and Ryan Albright, president of Covered Bridge Potato Chip Co. Inc.
"In the past year, we have seen Covered Bridge Potato Chip Co. Inc. grow from a small start-up to an internationally recognized company with products in stores across North America," said Byrne. "Its unique brand of potato chips use New Brunswick russet potatoes to create a value-added product with real local flavour. We are proud to be supporting the company with working capital as it continues to hire new workers and develop its export markets.
"Small businesses help drive our economy. We are always pleased to help our entrepreneurs as they strive to become more competitive and more successful. We are confident that companies such as this one will put us on the road to self-sufficiency by 2026."
Covered Bridge Chip Co. Inc. makes and sells old-fashioned kettle-cooked potato chips in a variety of flavours to major grocery chains across North America.
"Our family has been in the farming industry since the 1920s, and this venture has been an exciting new journey for us," said Albright. "Covered Bridge Potato Chip Co. Inc. is proud to offer hand-cooked, luxury potato chips to markets across Canada and the United States, and government's support will help us further refine our products and add to our growing workforce here in Hartland."
MEDIA CONTACTS: Ashley Bursey, communications, Business New Brunswick. 506-461-0942, email@example.com; Ryan Albright, president, Covered Bridge Potato Chip Co. Inc., 506-375-2447.