IBIOM - Sherbrooke

14 May 2019

IBIOM to Invest $1.9M in New Facility in Sherbrooke

PRESS RELEASE – Currently located at 1065 Du Pacifique Street, IBIOM Instruments Ltd. announced the acquisition of a property on Joseph-Louis-Mathieu Street in Sherbrooke’s Regional Industrial Park. The Sherbrooke manufacturer of ergonomic medical equipment is going to erect a 15 600 sq. ft. (1450 m2) building in the coming months, an area twice the size of its current facilities.

The expansion project will generate investments in excess of $1.9M and enable the company to develop its international market, starting with New England. In its new ISO 13485-certified factory, which will be in operation by late autumn, the Sherbrooke company will also acquire new equipment to increase productivity, with the aim of doubling its production capacity within the next 5 years.

“Moving into our new factory and the ISO 13485 certification for medical devices are opening the doors to export, a crucial step for our company. To break into the target market, which represents a development pool ten times larger than our current one, we have developed a major marketing campaign for the project that is specific to the health sector and international business. We are very excited, especially as our new facilities will be fully adapted to our company’s needs,” exclaimed Jasmin Bibeau, IBIOM President, adding that he is also anticipating the need to double his team in the medium term to meet demand.

“The new factory will also enable the development of new high-value-added products for the company,” explained Stéphane Mongeau, Vice-President of R&D and co-owner of IBIOM.

Based in Sherbrooke since 2007, IBIOM Instruments Ltd. manufactures, assembles, and markets medical equipment that enables health professionals to work ergonomically. The company offers a range of exclusive medical products – treatment chairs, ergonomic ultrasound stretchers, laboratory furniture – the results of many years of research and development.

The company received support from Sherbrooke Innopole throughout its relocation process. “IBIOM is an excellent example of a successful business transfer. Well established in Sherbrooke for over a decade, this major Life Sciences sector player has been experiencing sustained growth in recent years. We are truly proud to provide support during this new growth phase,” stated Nathalie Prince, Director of Business Services, Life Sciences key sector at Sherbrooke Innopole.

Sources: IBIOM Instruments Ltée and Sherbrooke Innopole

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