Jamieson Wellness CEO Says More Jobs Are On The Way For WindsorEssex

By Gord Bacon

Published: July 7, 2017 at 9:47 PM

Mark Hornick, President and Chief Executive Officer, Jamieson Wellness Inc. (JWEL), joined Ungad Chadda, President, Capital Formation, Equity Capital Markets, TMX Group, to open the market. Established in 1922, Jamieson Vitamins is a consumer health brand that manufactures and markets sports nutrition products and specialty supplements under its Progressive, Precision and Iron Vegan brands. The company also markets products by Lorna Vanderhaeghe Health Solutions (LVHS), a women s natural health focused brand in Canada. Jamieson Wellness Inc. commenced trading on Toronto Stock Exchange on July 7, 2017. (CNW Group/TMX Group Limited)(Photo courtesy of Jamieson Wellness)

Jamieson Wellness began trading on the Toronto Stock Exchange today

Jamieson Wellness began trading on the Toronto Stock Exchange today and that could mean more jobs in Windsor-Essex.

Jamieson Vitamins began in 1922 and makes its vitamins and supplements in Windsor under the Jamieson name.

President and CEO Mark Hornick told AM800's Patty Handysides the company has been expanding for the past few years on the Afternoon News.

But more investment will ramp things up, and that means more jobs, according to Hornick.

"We have about a 30% growth target over the next five years and most of that volume will be coming from our operations in Windsor," says Hornick. "So for everybody concerned it's really positive news."

He says the company has been preparing to go public for the past three years.

"The company has been working diligently to set ourselves up for rapid growth. That's why we are listed on the stock exchange. That allows us to have access to capital from shareholders to fuel further expansion," Hornick says.

Hornick told the Afternoon News there are three areas Jamieson will focus on while it expands.

"One is optimizing our cost structure and getting ourselves very competitive with global vitamin players. We've been very active in building a real state of the art innovation pipeline, and then really staffing up into a world class management team," he says.

Hornick says Jamieson does business in more than 40 different countries and the company plans to double that with new capital to invest.

He says eastern Europe, the Middle East and Asia are areas the company will focus on.

— with files from Patty Handysides.