Minister Turnbull welcomes $10 million expansion at Brantford Chemicals
BRANTFORD, ON, Aug. 6 /CNW/ - Ontario's Associate Minister of Enterprise, Opportunity and Innovation David Turnbull joined Federal Human Resources Minister Jane Stewart, Brantford Mayor Chris Friel, Barry Sherman, Chairman of Apotex Group and Jack Kay, President at a ceremony to mark the official opening of a $10 million expansion project at Brantford Chemicals.
Brantford Chemicals, which is part of the Apotex Group of companies, has emerged as a leader in the pharmaceutical community. This $10 million state-of-the-art expansion doubles Brantford Chemical's research and development capabilities and creates an additional 90 jobs.
Turnbull praised Brantford Chemicals for its bold initiative and praised Apotex for its commitment to Brantford and other communities across southern Ontario.
"We plan to make Ontario one of the top three jurisdictions for Biotechnology in North America and Apotex, including Brantford Chemicals, is an important partner in this goal," Turnbull said. "Last year the chemical industry alone employed more than 52,000 people across the province and exported $19 billion worth of products."
Apotex Chairman Barry Sherman said the expansion project at Brantford Chemicals is part of an ongoing $518 million development project at its companies.
"In the next 12 to 18 months, we plan to build some additions to the manufacturing facilities. We believe this second expansion will make Brantford Chemicals the largest fine chemical research and development and manufacturing facility in Canada," Sherman said.
Turnbull said the Ontario government will help ensure the industry's growth and success in the province by supporting research and development and maintaining an attractive business climate.
"Since 1995 we have cut taxes over 200 times, we have reduced bureaucratic red tape, and we will continue to eliminate the barriers that hamper growth, productivity and innovation in the province."
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For further information: Stephanie Lu, Associate Minister's Office, (416) 325-1244; Manuel Alas-Sevillano, Communications, (416) 326-7116