100 New Jobs On The Way For North Cork
ABEC Inc. to establish European HQ and Manufacturing Centre in Fermoy, Co. Cork, creating up to 100 new jobs
US company ABEC Inc. today announced plans to expand its global operations at the former FCI facility site in Fermoy, Co. Cork.
For over 40 years the Pennsylvania based company, has been exclusively focused on enabling clients to produce advanced medicines based on biotechnology for a wide range of disease indications.
“Engineering and manufacturing companies form a key part of the Government’s Action Plan for Jobs. A large part of the reason we have targeted companies in this area in particular is because of their potential to invest in regional locations. I know from our recent meeting in Pennsylvania that ABEC is a first rate company, and today’s announcement that it is investing in Fermoy with the creation of 100 jobs is a huge boost. Here is a company deciding to invest in a regional area of high unemployment, in a facility left vacant in a devastating 2007 job loss announcement – a great example of what we are trying to achieve with our jobs plan. I wish Scott and his team every success with this project”.
Minister for Jobs, Enterprise and Innovation, Richard Bruton TD
The new operation will produce engineered process equipment for biopharmaceutical manufacturing and provide a range of service offerings to meet the growing demand from global pharmaceutical and biotech customers. Once operational, the company will create 100 new jobs over the next two years.
The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
The company is to locate in the former 87,000ft2 FCI facility which occupies 13 acres of land on the edge of Fermoy town.
“This investment is a key component of ABEC’s broader strategy to deliver integrated process solutions on a global basis. The Fermoy facility will increase our capacity and allow us to better support our growing customer base in Ireland and Europe. We sincerely appreciate the support of the IDA as we establish our unique capabilities in Ireland.”
Scott Pickering, CEO, ABEC’s