Grand opening of Valeant's newly improved manufacturing plant in Steinbach, Manitoba

This facility will help spur economic growth through the creation of multi-disciplinary employment opportunities

STEINBACH, MB, Nov. 25, 2014 /CNW Telbec/ - It is with great pleasure that The Hon. Kevin Chief, Minister of Jobs and the Economy, and Mr. Charles Perez, Vice-President and General Manager of Bausch + Lomb Canada, a division of Valeant Canada, presided over the grand opening of Valeant's newly improved facility in Steinbach, Manitoba. Also in attendance were: Chris Goertzen, Mayor of Steinbach; Kent Ledingham, President, Steinbach Chamber of Commerce; Douglas McCartney, Senior Executive Director, Science, Innovation and Business Development, and Tracey Maconachie, CEO of the Life Sciences Association of Manitoba.

Already one of the southeastern Manitoba city's largest employers, Valeant new facility has created 60 new and qualified jobs. The Manitoba Department of Jobs and the Economy has supported Valeant's initiative to invest in the province, providing training support funding to facilitate the transfer of the company's natural health products line to the Steinbach facility.

"This newly improved facility once again demonstrates Valeant's strong Canadian presence and commitment to investing in the country", said Charles Perez.

"We are extremely proud of the expansion of this facility in Steinbach as it provides tangible benefits in terms of economic growth and job creation. This opportunity allows us to consolidate high-level jobs, and keep the expertise and know-how in Manitoba," noted Minister Kevin Chief. "Manitoba is the pharmaceutical manufacturing hub of Western Canada thanks to companies like Valeant that are committed to investing and playing a key role in our communities".

Steinbach is Valeant's largest North American manufacturing site where the company owns and operates a sprawling state-of-the-art facility which handles manufacturing of prescription and non-prescription medication destined for North American and other global markets.

About Valeant Canada
Valeant Canada is a subsidiary of Valeant Pharmaceuticals International, Inc., a multinational specialty pharmaceutical company that develops manufactures and markets a broad range of pharmaceutical products primarily in the areas of dermatology, eye health, neurology, and branded generics. More information about Valeant Canada can be found at www.valeantcanada.com.

Image with caption: "In the center, the Honorable Kevin Chief, Minister of Jobs & the Economy. To his left, Charles Perez, Vice-President & General Manager for Consumer Products/ Bausch + Lomb at Valeant Canada. At the minister's right, Mr Chris Goertzen, Mayor of Steinbach. (CNW Group/Valeant Canada)". Image available at: http://photos.newswire.ca/images/download/20141125_C9855_PHOTO_EN_43269.jpg

SOURCE: Valeant Canada

Marie-Christine Garon, Valeant Canada, P: 514 409-0031, E: [email protected]