Contract Pharmaceuticals Limited Canada, a pharmaceutical company with head offices in Mississauga will be expanding their manufacturing capabilities with the aid of up to $8,992,672 under the FedDev Ontario’s Investing in Business Growth and Productivity initiative.
Contract Pharmaceuticals provides commercial manufacturing and packaging, testing and development services for small and major drug companies. This investment will include purchasing new equipment to establish more automated systems and services. This will allow the company to work more efficiently, reduce waste costs and produce at a greater volume, to better meet the needs of its growing client base. This project is expected to create up to 155 full-time jobs by 2018 and an additional 20 jobs within two years of project completion. It will also leverage $26,978,016 in additional funding for this project.
The Province of Ontario and Federal Government offer a variety of incentives and funding programs to assist business. Please contact the City of Mississauga Economic Development Office for more information at 1-800-456-2181 or email@example.com.
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