FedDev Ontario invests in CapsCanada® Corporation
November 17, 2023
FedDev Ontario invests $5 million in CapsCanada® Corporation to expand capacity and create 50 jobs
CapsCanada® Corporation has received a significant boost with a $5 million investment from FedDev Ontario, aimed at expanding its operations and meeting the surging demand for its made-in-Canada hard empty capsules. This strategic funding, part of the Community Economic Development and Diversification stream, will enable CapsCanada® to automate production, expand its facility by 14,100 square feet, and diversify its capsule manufacturing.