Baylis Medical to open new facility with help from Ontario’s government

Baylis Medical, a medical device company with offices throughout the world, has announced plans to invest $32.5 million in a new research and development facility in Mississauga, Ontario, Canada. Part of that investment comes directly from the province of Ontario, which will provide a grant of up to $4.22 million toward the expansion.

The company said this facility will be a significant upgrade in size over its current plant in Mississauga.

“This new facility will give us the space to increase production and hire additional resources to expand our portfolio of innovative products,” Krishan Shah, Baylis president, said in a prepared statement. “This strategic partnership will help us compete and succeed globally.”

The expansion project is expected to create 84 new jobs. Brad Duguid, Ontario minister of economic development, employment and infrastructure, said the investment from Ontario shows how much importance the government sees in job growth.

“The government’s number-one priority is growing the economy and creating jobs,” Duguid said in the same statement. “The government’s support for Baylis Medical will help them expand facilities, ramp up their important research and development work and leverage new and innovative technologies. These efforts will allow Baylis Medical to strengthen their exports and significantly increase global competitiveness.”