Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Cheelcare Inc. ( (TSE:CHER) ) has issued an announcement.
Cheelcare Inc. has signed a five-year lease for a new 16,000 square foot manufacturing facility in Markham, Ontario, to support its rapid growth. This expansion will enhance production capacity for its Companion power assist product and establish a dedicated line for the Curio wheelchair, while also providing space for research, development, and product education. The facility’s strategic location near major highways will facilitate efficient access to suppliers and logistics partners, aligning with Cheelcare’s growth strategy to meet increasing market demand for its mobility solutions.
More about Cheelcare Inc.
Cheelcare Inc. is a Canadian company specializing in assistive mobility devices. It designs and manufactures innovative solutions such as the Companion power assist devices and the Curio robotic wheelchair, focusing on empowering independence for people with disabilities through engineering excellence and human-centered design.
Average Trading Volume: 49,165
Technical Sentiment Signal: Buy
For detailed information about CHER stock, go to TipRanks’ Stock Analysis page.