The $1.1m investment will be used to increase manufacturing and cleanroom facilities while adding 50 new jobs in the South East of Ireland
Image as seen on company website
ARTeSYN Biosolutions, the manufacturer of single-use solutions for biopharma processing, is planning to significantly expand its Waterford, Ireland, operations by adding 50 new roles in production, engineering, customer service and research & development over the next three years at its facilities in the Six Cross Roads Business Park. The expansion of the site increases the company's consumables and overall production capacity by an additional 2,200 sqft.
The company, which has invested over €1m (US$1.1m) in its manufacturing & cleanroom facilities, has several locations in the US and over the last few years has expanded to Ireland, Estonia & Asia, now employing 24 people in Waterford. Due to the increase in demand for its components & systems by global companies in the biopharma sector, ARTeSYN Biosolutions has identified Waterford as a key site from which to supply its growing customer base.
The expansion is supported by the Irish Government through IDA Ireland. Minister for Training, Skills, Innovation, Research and Development, John Halligan, said: "This significant investment and creation of 50 new jobs by ARTeSYN Biosolutions is great news for the company, its staff and prospective employees and is further evidence that Waterford is a great place in which to invest, work and live. The Government is fully committed to regional development and ensuring every region benefits from employment gains. Today's announcement demonstrates, once again, that the South East is an attractive location with much to offer investors."
Welcoming the announcement Eileen Sharpe, Divisional Manager Growth Markets, Europe, Emerging Business & New Forms of Investment at IDA Ireland explained that ARTeSYN's expansion adds to the significant cluster of Life Science companies in Waterford and the wider South East Region.
Jonathan Downey, Operations Director of ARTeSYN's Waterford Headquarters said: "Having our Global Headquarters in Waterford illustrates the confidence that companies like ours, with a global footprint, have in Ireland. Our expansion plans, although ambitious, are achievable through the support of the Irish manufacturing ecosystem and we are looking forward to the further development of our manufacturing operations at our Irish and European facilities."