Ontario kicks in $2 million to multi-million-dollar manufacturing expansion
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Queen’s Park is adding $2 million to a total investment of more than $44 million by three southwestern Ontario companies to strengthen local manufacturing, create jobs, and attract new investment.
“Our government is proud to to support local manufacturers across the province as they look to grow and create good, local jobs,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “We look forward to seeing more of these kinds of private-sector investments that are needed to create the conditions for long-term regional economic growth. We thank Medicap Laboratories, Canadian Premier Supplements and Cedar Valley Selections for contributing to our province’s dynamic and growing manufacturing sector and economic recovery.”
The provincial investment – made through the Regional Development Program – looks to create 78 jobs.
Medicap Laboratories, based in Windsor, is an Ontario company involved in the dietary and nutritional supplement manufacturing sector. The company specializes in manufacturing, formulation development, regulatory affairs consulting, private labeling, technical writing, and storage and fulfillment. Their investment of more than $38 million will result in increased and more efficient production capacity due to the addition of new state-of-the-art equipment with Ontario’s support of $926,640 through the Regional Development Program.
The expanded production capacity will allow the company to forge new strategic partnerships, create jobs, diversify their product offerings, and become more competitive to meet growing global market demand. In addition, the project will allow Medicap to distribute Norwegian Vitux Omega 3 (patented ConCordix) to new markets. The company expects the investment will add 50 new jobs to their workforce.
Canadian Premier Supplements in Windsor specializes in custom nutritional supplement formulations for private-label customers. The company asserts that its proprietary product contains eight supplements in a single serving. Their investment of more than $5 million will result in the addition of a manufacturing facility with advanced automation, production and packaging equipment with Ontario’s support of $770,332 through the Regional Development Program.
The project will enhance the company’s production capacity and open new market opportunities that will increase revenues. The company expects this investment to add 20 jobs to their workforce.
Cedar Valley Selections is a food manufacturer based in Oldcastle that produces a lineup of all-natural salad dressings sold in grocery stores across Canada. In late 2020, the company introduced their line of non-GMO Pita Chips. Their investment of over $1 million will allow the company to scale up and automate their production and packaging lines for their recently introduced Pita Chips.
Ontario’s investment of $162,134 will support the company as they manage a growth trajectory to supply 1,500 stores by the end of the year.
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