Clare County Council has expressed confidence that Vitalograph’s investment in Ennis will have a snowball effect over the coming months.
The medical device company is to create 72 new jobs in the county town, with the purchase of the Ballymaley Enterprise and Innovation centre from the local authority.
Clare County Council originally bought the building in Ballymaley for 800,000 euro, with the intention of facilitating the IDA to create a touchdown space for multi-national companies locating in the region.
Planning permission was granted for the development in May of this year.
Expressions of interest were then sought from companies in the hi-tech sector in July, with the aim of boosting the industry in Ennis and increasing exports from the region.
Vitalograph last week confirmed to Clare FM that it submitted a tender to purchase the building and this was given the green light by Clare Councillors last evening.
The medical devices company has been in the county town since 1974 and earlier this year announced a ten million euro expansion in Clare and Limerick, with the addition of 200 jobs.
CEO of Vitalograph, Frank Keane says they’re happy to invest in Ennis and he believes there’s nothing standing in the way of the company expanding further in the future.
The transaction is seen as an significant milestone in the Ennis 2040 plan and sees the Council recoup 1.2 million euro for the site.
The COO of Ennis 2040 has described the continued investment and development of jobs by the company as an endorsement for the local economy.
Kevin Corrigan believes it’s a great start to the twenty-year programme, in its first year and says it will provide a huge boost economically.
Clare County Council has expressed confidence that the announcement will have a snowball effect when it comes to other companies investing here.
Director of Economic Development, Liam Conneally says they intend to ensure that Ennis reaches it’s full potential over the coming decades.
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