Gerrie Electric Announcement with Federal Economic Development Agency

CEW Gerrie logo 400

April 1, 2021

Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedDev Ontario, announced a total FedDev Ontario repayable contribution of $2.9 million to support the growth of two Burlington-based companies: AceAge Inc. and Gerrie Electric Wholesale Limited (Gerrie Electric).

 

{facebook}https://fb.watch/4BKcq4-U_C/{/facebook}

 

AceAge Inc., a healthcare technology company, has developed and commercialized the Karie™ in-home medical device that organizes and dispenses medication. The easy-to-use system allows patients to schedule medication refills and deliveries, which has become increasingly beneficial during the COVID-19 pandemic. It also reminds users to take their medication, which is dispensed with the push of a button, and uses smartphone technology to alert family or caregivers when a patient has missed a dosage. With a $1.5-million repayable contribution, AceAge Inc. will scale its operations to meet increasing demand in Canada and Europe by growing its development and support teams. This investment will also help the company launch its technology in the United States. 

AceAge Inc. will also leverage an additional $4.5 million in private sector investment and grow its team to 70 employees with the addition of 50 skilled jobs in Burlington.

Gerrie Electric, a women-owned and -led wholesale distributor and retailer, specializes in electrical, automation, data communication and lighting products, services and solutions used in industrial, institutional, commercial, IP network, utility and retail markets. With a $1.4-million repayable contribution, Gerrie Electric will consolidate its distribution operations into a 76,000-square-foot facility in Burlington, equip the facility with Industry 4.0 technologies such as automated storage and retrieval systems, and digitize its workflow process. This investment will help to improve productivity and efficiency, grow domestic sales, and enable the company to be more sustainable and to better compete in the global e-commerce industry.

Gerrie Electric will also leverage an additional $4.7 million in private sector investment, support robust supply chain solutions in southern Ontario by purchasing from local suppliers and contractors, create 10 skilled jobs and maintain more than 450 jobs in Burlington.

Source

Related Articles


Changing Scene

  • Electromate Certified as a Great Place to Work Once Again

    Electromate Certified as a Great Place to Work Once Again

    Electromate is proud to announce that it has again been certified as a Great Place to Work after a thorough, independent analysis conducted by the Great Place to Work Institute Canada. This certification is based on direct feedback from employees, as part of an extensive and anonymous survey about their workplace experience. The recognition highlights… Read More…

  • Gescan Announces Exciting ABB Motion Distribution Partnership

    Gescan Announces Exciting ABB Motion Distribution Partnership

    Recently, Gescan was excited and proud to announce its new strategic distribution partnership with ABB Motion in Manitoba and Saskatchewan. This collaboration brings together ABB’s drive technology and Gescan’s trusted distribution network, delivering more energy-efficient, high-performance motor control solutions to the Prairies. Read More…


Peers & Profiles