Medical device company Nypro from the US is to create 200 jobs in Waterford at a new manufacturing facility in the city.
The company has been in Bray, Co Wicklow, since 1980 and currently employs 400 people there.
“Nypro Healthcare, a recognised leader in the development and manufacture of complex drug delivery and diagnostic devices, is delighted to announce the addition of a new facility in Ireland in Waterford”
James O’ Gorman (Vice President, Drug Delivery and Diagnostics of Nypro Healthcare)
In 2001, the company promised 400 jobs in Waterford and delivered 250, but then circumstances changed and the company consolidated in Bray.
The new facility and the new jobs will be at the same location on the IDA industrial estate as their previous operation.
‘’Today’s announcement by Nypro is excellent news for Ireland’s medical technologies sector and for the South East region. Nypro’s new facility, in a key regional location, is in the development and manufacture of drug delivery devices which are key target areas for IDA Ireland and will further add to Ireland’s growing expertise in these areas. The South East region is developing its position as a key location for the life-sciences sector.’’
Barry O’Leary, CEO of IDA Ireland said
Nypro has operations in ten countries and a turnover of $1.1 billion (€859bn) and the company is investing €60m in the Waterford facility, with the jobs coming on stream over the next two years.
Nypro’s new facility will make advanced respiratory and injectable devices for global healthcare and pharmaceutical customers.
The investment is being supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
Taoiseach Enda Kenny said it is a significant boost for the southeast. He went on to say:
“I welcome the decision by Nypro to establish a new medical device manufacturing facility in Waterford with the creation of over 200 highly skilled jobs as it is a significant boom for the whole South East. The recent experience of Nypro – reinvention and refocusing on growing sectors, resonates with the wider Irish economy”
Enda Kenny (An Taoiseach)
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