Valeant Canada announced that it is further expanding its Canadian manufacturing and export capacity with an investment of $7 million into its Steinbach, Manitoba manufacturing plant. This follows an $8 million announcement earlier this week, for the transfer of two new technologies to Steinbach’s manufacturing facility.
The announcement includes new measures that will involve modernization of the plant through the upgrading of product manufacturing technology to ensure the robust security of our products through international distribution channels.
Valeant notes that these investments will ensure compliance with US regulatory requirements and maintain the Steinbach plant’s North American manufacturing mandates. It currently exports 75% of its production, generating $1.6 billion annually in export value.
“We are proud of the investments made in the Steinbach manufacturing plant. Beyond benefits to Valeant, this will add extra value to the other companies’ products that we manufacture here,” said Jacques Dessureault, President and General Manager, Valeant Canada. “This technology investment also means consumers can be even more confident in products manufactured by Valeant Canada.”
“Valeant Canada plays a vital economic role in Steinbach, Manitoba,” said Chris Goertzen, Mayor of Steinbach. “In addition to the 420 employees who go to the facility each day, the facility is a hub of economic activity in the community. We as a city are pleased to see this large and important investment in our growing community.”
The implementation of the new quality control technology, upgrades to existing technology and production for new products will take place by the end of 2016.
