The second expansion in as many years at Sekisui Diagnostics will bring new jobs and help the company increase its production and develop new export markets that will boost the Island’s economy.
The provincial government invested $400,000 in the $1.2 million expansion project. That investment will be recovered through the company’s lease agreement with the province. It also provided $200,000 in non-repayable support to assist with the fit up of the new space. In 2017 the provincial government funded a $3.5 million expansion to the facility which is also being recovered through the lease agreement.
Premier Wade MacLauchlan and His Excellency Kimihiro Ishikane, Japan’s ambassador to Canada, cut the ribbon on the expanded facility today in Charlottetown along with Sekisui representatives from Japan and Canada. Sekisui Diagnostics PEI manufactures invitro diagnostic kits for the medical field.