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Funding to help company grow fresh vegetables year-round in Labrador

Keith Hutchings. — Telegram photo

Keith Hutchings. — Telegram photo

Published on July 4, 2012
The Telegram
Published on July 4, 2012
Topics :
Young Farmers Association of Newfoundland and Labrador , Lake Melville Agricultural Association , Rural Development , Newfoundland and Labrador , Happy Valley , Goose Bay

The provincial government announced today it is providing an $86,500 term loan to Patey’s Farm to construct a hydroponic greenhouse in Happy Valley-Goose Bay.

The project is aimed at addressing market demand for high-quality, fresh produce on a year-round basis in the region.

Patey’s Farm is owned and operated by Lorne and Janet Patey who have been growing and selling vegetables from their privately owned greenhouses in Happy Valley-Goose Bay for several years. Lorne Patey is the regional representative on the Young Farmers Association of Newfoundland and Labrador and both are members of the Lake Melville Agricultural Association.

“This funding has been greatly appreciated and it has certainly given us the opportunity to continue with our plans to grow fresh vegetables all year round in Labrador,” said Janet Patey.

“It has been very challenging, but with the support of the Small and Medium-sized Enterprise Fund we feel confident that very soon our dream will become reality.”

In addition to site preparation, the funding will be used to purchase and construct a 120-foot prefabricated greenhouse including coverings, lighting, hydroponics growing system and related supplies. The greenhouse is designed to grow 7,400 plants over a six-week period. The initial produce, forecasted for August, will be lettuce with plans to expand into other products such as strawberries, peppers, tomatoes and other vegetables.

“Throughout Newfoundland and Labrador ambitious entrepreneurs are turning market potential into viable business opportunities,” said Keith Hutchings, Minister of Innovation, Business and Rural Development.

“Recognizing the need in Labrador for a steady supply of fresh produce, the Patey’s farm is using innovative practices to meet the demands of a growing market.”

Comments

  • Username
    Townie
    - July 5, 2012 at 08:02:04

    I wonder what the chances are of getting this "loan" paid back to the tax payers? If the govt. loans money to private enterprise one can assume financial institutions turned them down due to risk, Sounds like votes to me.

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  • Username
    David
    - July 4, 2012 at 19:04:19

    Muskrat Falls now has a use...$10 billion potatoes.

    Submit a comment

  • Username
    David
    - July 4, 2012 at 17:33:07

    Congratualtions, Pateys.....such great news to have Sprung on you. And remember...we just can't get enough english cucumbers...yum yum!

    Submit a comment

  • Username
    Bob's Your Uncle
    - July 4, 2012 at 15:14:23

    Sprung Greenhouse memories flashing back....quick someone shoot the messenger!! Oh this is a loan but so was the Sprung Green House, I hope they read the lessons learned from that fiasco! Anyone for English Cucumbers?

    Submit a comment

    • Username
      holy smokes
      - July 5, 2012 at 07:08:21

      Bob........the same damned thought went through my mind......Then I thought of the extra hour of '"day light' we got ..........literally!! Hindsight?? Not sure....

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