Boston Scientific (NYSE:BSX) plans a new investment in Ireland that would create more than 400 jobs, according to The Irish Examiner. The Irish Examiner reports that the new investment in Clonmel, County Tipperary, totals $86.3 million (€80 million). Marlborough, Massachusetts-based Boston Scientific plans to expand its manufacturing and R&D capabilities at its existing Clonmel site, the […]
Ireland
Why are so many medical device companies making big investments in Ireland?
Ireland’s foreign direct investment agency has some of the biggest names in medtech investing in the country. Within recent years, a number of major medtech companies celebrated anniversaries. Abbott’s was 70 years, Medtronic’s was 40 and Boston Scientific’s was 25. That’s how long those companies have operated in Ireland. Gerard Kilcommins, Medtronic VP of global […]
Report: J&J Vision spending €100 million to expand Irish facility
J&J Vision reportedly plans to invest €100m in the expansion of its Plassey, Limerick, Ireland facility. The Irish Examiner reported last week that the company plans to expand and create 80 new jobs at the location. In March, the company announced a €35 million investment in the same facility. That cash infusion aimed to create […]
Abbott will spend $450M to up FreeStyle Libre production in Ireland
Abbott (NYSE:ABT) will spend €440 million ($450 million) to expand its operations in Ireland, the country’s government announced today. The investment involves the creation of a new 250,000-square-foot manufacturing facility in Kilkenny and a further investment in the company’s Donegal Diabetes Care site. The investment will add 1,000 new jobs between the sites. The new […]
Stryker opens new 3D printing facility in Ireland
Stryker (NYSE:SYK) announced today that it officially opened a new, high-tech facility in the Anngrove neighborhood of County Cork, Ireland. The new, 156,000-square-foot 3D printing facility will bring 600 jobs to the area and will help Stryker advance its leadership position in additive manufacturing. Kalamazoo, Michigan-based Stryker said in a news release that it has […]
Boston Scientific pouring €100M into Irish campus
Boston Scientific (NYSE:BSX) has unveiled plans for a €100 million ($118 million) expansion of its operations outside Galway, an Irish economic development agency announced today. IDA Ireland said the project will create more than 300 jobs in the coming years. The construction project will create more than 40,000 ft2 of carbon-neutral medical device manufacturing space […]
Boston Scientific to invest more than $30M in Irish facility
Boston Scientific (NYSE:BSX) will invest €30 million (about $34 million) in its Cork, Ireland facility, the Irish government announced today. The Irish government supported the research, development and innovation (RD&I) investment through IDA Ireland. The money will go toward accelerating the development and manufacturing of minimally-invasive medical technologies that treat patients suffering from cancer and […]
