Ontario medical device maker Epocal to boost production with $10.5 million expansion
Project has $1.5 million in funding from Eastern Ontario Development Fund.
May 25, 2016 by Canadian Plastics
With financial assistance from the Ontario government, medical device maker Epocal Inc. is launching a multimillion-dollar expansion project designed to grow its business and create 48 new jobs.
Ottawa-based Epocal, which makes wireless-enabled blood diagnostic systems for hospitals and other healthcare facilities, will install two new production lines as well as upgrade existing equipment to help increase its output under the $10.5 million project.
“This investment is helping us ramp up production and develop the only patient-side platform that offers a complete blood gas, electrolyte and metabolite solution on a single test card,” Brett Fogg, Epocal’s plant manager, said.
The provincial government’s Eastern Ontario Development Fund will contribute 10 per cent of the funds required for the capital project with a $1.5 million investment. The initiative is expected to create 48 new jobs at the company’s Ottawa plant.
“Our government is committed to strategic partnerships like these, which are helping to drive economic growth and create jobs,” said Brad Duguid, Ontario’s minister of Economic Development, Employment and Infrastructure. “We are pleased when forward-thinking companies like Epocal choose to grow their business in Ontario. This project will help Epocal increase productivity, stay competitive and create good paying jobs.”