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14/06/2016
100 New Jobs Announced In Co Galway
One hundred new jobs are to be created by life-sciences technologies company, Surmodics, the Minister for Jobs, Enterprise & Innovation, Mary Mitchell O'Connor has announced.
The jobs announcement follows the company's acquisition of Creagh Medical in Ballinasloe, Co Galway, in November 2015.
Surmodics has headquarters in Eden Prairie, Minnesota, USA, and operates in two areas of the Lifesciences industry – Medical Devices and In Vitro Diagnostics.
The company plans to develop the Ballinasloe operations, by investing more than €7 million in facility development, including the recently acquired building, and creating 100 new jobs above the current base of 32 over the next five years. The company will invest a further €9.5m in two research and development (R&D) projects at its new Galway facility.
The development is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland.
The company will continue to be located in Creagh Medical's existing 30,000 sq ft facility in Ballinasloe. The R&D investment represents a significant step-up in R&D capability for the facility and will require a high level of engineering, chemistry and scientific skill.
Tom Greaney was previously CEO of Creagh Medical and has joined Surmodics as VP of Global Operations and General Manager of the Ballinasloe operation.
Minister for Jobs, Enterprise and Innovation, Mary Mitchell O'Connor, said: "This company is at the cutting edge of innovative Life Sciences Research and Development and the expansion of their newly acquired facility in Ballinasloe is very welcome news and a vote of confidence in the skilled Irish workforce.
"Companies like Surmodics help develop some of the next generation of Life Sciences products, thereby further enhancing Ireland's position in this sector. 100 jobs for Galway is great news as one of my priorities as Minister is to ensure employment growth across the regions.
"Only a strong economy supporting people at work can pay for services needed to create a fair society. This will ensure a more inclusive prosperity for all. I wish Surmodics and their workforce the very best for the future."
(MH/JP)
The jobs announcement follows the company's acquisition of Creagh Medical in Ballinasloe, Co Galway, in November 2015.
Surmodics has headquarters in Eden Prairie, Minnesota, USA, and operates in two areas of the Lifesciences industry – Medical Devices and In Vitro Diagnostics.
The company plans to develop the Ballinasloe operations, by investing more than €7 million in facility development, including the recently acquired building, and creating 100 new jobs above the current base of 32 over the next five years. The company will invest a further €9.5m in two research and development (R&D) projects at its new Galway facility.
The development is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland.
The company will continue to be located in Creagh Medical's existing 30,000 sq ft facility in Ballinasloe. The R&D investment represents a significant step-up in R&D capability for the facility and will require a high level of engineering, chemistry and scientific skill.
Tom Greaney was previously CEO of Creagh Medical and has joined Surmodics as VP of Global Operations and General Manager of the Ballinasloe operation.
Minister for Jobs, Enterprise and Innovation, Mary Mitchell O'Connor, said: "This company is at the cutting edge of innovative Life Sciences Research and Development and the expansion of their newly acquired facility in Ballinasloe is very welcome news and a vote of confidence in the skilled Irish workforce.
"Companies like Surmodics help develop some of the next generation of Life Sciences products, thereby further enhancing Ireland's position in this sector. 100 jobs for Galway is great news as one of my priorities as Minister is to ensure employment growth across the regions.
"Only a strong economy supporting people at work can pay for services needed to create a fair society. This will ensure a more inclusive prosperity for all. I wish Surmodics and their workforce the very best for the future."
(MH/JP)
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