BRAMPTON, Ont.—The Canadian and Ontario governments are investing $350,000 in Bacardi Canada Inc.’s Brampton, Ont. facility.

Made available through the federal and provincial governments’ joint food industry investment fund, the money will help the rum maker upgrade its facility’s equipment, as well as design new packaging and labels for its spirits.

“Having Bacardi Canada’s bottling operation anchored in our province sends a clear signal to domestic and foreign markets that Ontario is a prime location where food and beverage processing companies can invest, expand and be successful,” Jeff Leal, Ontario’s minister of Agriculture, Food and Rural Affairs, said.

Bottling more than seven million litres of rum each year, the Brampton plant ships the liquor to markets across Canada.

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Jan Westcott, president and CEO of Spirits Canada—a national trade association representing the Canadian distilling industry—said the investment will ensure the plant remains globally competitive and sets Bacardi up for further growth.