City Welcomes Apotex Expansion of Richmond Hill Facility
Pharmaceutical giant’s expansion results in dozens of new local job opportunities
RICHMOND HILL – Earlier today, Canadian-based global health company Apotex announced they are expanding their Richmond Hill facility, adding two new specialized production lines to help improve patient access to affordable medicines. The $70 million investment will help build out the company’s local manufacturing capacity while creating more than 70 jobs once at capacity for the local economy.
More and more worldwide companies like Apotex are choosing Richmond Hill to build and grow their innovative businesses. Today the City is home to over 5,000 companies, many of which are designing and developing the next generation of cutting-edge products. Richmond Hill’s healthtech sector includes a growing diversity of businesses focused on innovative applications in health technology, and it continues to play a critical role in Ontario’s broader Life Sciences cluster.
Learn more about why companies like Apotex are choosing Richmond Hill to start and grow their business at BusinessRichmondHill.ca.
Quotes
“It’s exciting to have a global company like Apotex, which is celebrating 50 years of pioneering Canadian innovation in health care and pharmaceuticals, continue to thrive and grow in our city. Apotex has been an important part of Richmond Hill’s business community for many years. As a significant local employer, we are excited for their expansion and addition of good new jobs to our local economy. We see more and more smart people from all over the world coming to Richmond Hill to build and grow businesses. We have the talent, the innovation, we’re in a great location and we offer a competitive cost for doing business. We’re building for today and tomorrow, and we couldn’t be happier to be doing this together with Apotex.”
- David West, Mayor
“Over the last five decades, we have built Apotex into the largest Canadian-based pharmaceutical company. We proudly pioneer Canadian innovation, including within our world-class Richmond Hill manufacturing facility. As part of our 50th year anniversary celebrations, we are excited to announce the grand opening of two new production lines at Richmond Hill, enabling us to meet growing demand for our products. Our $70 million investment will create more than 70 new, full-time, high-quality jobs once at full capacity.”
- Allan Oberman, President and CEO, Apotex