It’s claimed a talented workforce and strong education links in the Mid West secured an 80 million euro investment for the region.
Medical equipment firm Edward Lifesciences is to open operations in the Shannon Free Zone creating an initial 60 jobs – with that figure to rise to 600 by 2020, once it opens its European base in the region.
The Mid West has beaten off stiff competition to secure an 80 million euro investment from Edward Lifesciences, which is planning a purpose-built manufacturing facility in this region.
The investment sees an initial 60 people being hired immediately, with production staff, engineers and managers being sought.
By 2020, that number is to rise to 600 and Corporate Vice President of the company John McGrath says the Mid West is the ideal location to base their European expansion.
While the initial jobs will be based in Shannon, it’s not been decided yet where the overall European base will be in the Mid West.
Minister for Business, Enterprise and Innovation Heather Humphreys visited Shannon today to make the announcement.
She says regardless of where the base is constructed, it’ll be of huge benefit to both the Clare and Limerick economies.
Today’s announcement is the latest in a string of jobs boosts for Clare and the Mid West and it’s hoped this trend will continue into the rest of this year.
CEO of IDA Ireland Martin Shanahan says it’s a strong endorsement of the region and he says the outlook is good.