July 29, 2011 / 4:45 PM / 6 years ago

Cargill Canada beef plant gets gov't funds

1 Min Read

* Funds to go toward energy production

* Plant one of Canada's largest

WINNIPEG, Manitoba, July 29 (Reuters) - Cargill Inc's [CARG.UL] Canadian subsidiary will receive funding of C$10 million ($10.4 million) to make its beef-packing plant at High River, Alberta, more energy- and cost-efficient, the Canadian government said on Friday.

The beef plant, one of the largest in Canada, processes 4,500 head of cattle per day.

The federal funding will go toward buying equipment to dispose of specified risk materials (cattle tissues that can't be used in human food), landfill trash and compost material to produce energy in the form of steam and electricity for the plant.

The project is expected to save energy and disposal costs.

Cargill's two Canadian plants process more than half of the country's beef.

($1=$0.96 Canadian)

Reporting by Rod Nickel; Editing by Lisa Shumaker

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