Released on December 3, 1999
The provincial government has invested $2 million in plant research that will
help diversify the agricultural sector.
Performance Plants of Saskatoon employs eight researchers and expects to add
four more staff with a future office/lab and greenhouse expansion. The money
will allow the company to expand its research to develop crops that have better
yields, need less fertilizer and grow better under drought conditions.
The company's principal scientist says the world's population will double in
the near future and cultivated land must be made more efficient.
"The province invests in agricultural research, including agricultural
biotechnology research because it is an important part of growth and
diversification of our agricultural sector," Agriculture and Food Minister
Dwain Lingenfelter said. "These R&D investments are necessary to provide
Saskatchewan producers with the latest and most advanced technologies which
will allow them to compete in the world market."
"Investing in Performance Plants will derive significant benefits such as
healthier food with additional nutritional and medicinal qualities," Economic
and Co-operative Development Minister Janice MacKinnon said. "I am pleased
that, as a member of the Innovation Place research park, Performance Plants
plans to expand its presence there and continue to benefit from a collaborative
work environment the research park provides."
Performance Plants will receive a $1 million investment from the Saskatchewan
Opportunities Corporation (SOCO), and $1 million from the Agri-Food Equity
Fund, to develop plants through genetic research.
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For more information, contact:
Irene Rau Monique Lischynski Kevin Gellatly
Director, Agri-Food Equity Fund Principal Scientist and Manager
SOCO Humboldt Performance Plants Inc
Phone: (306) 787-8576 Phone: (306) 682-6717 Phone: (306) 668-7708