Expansion provides new jobs in healthcare market

International healthcare industry manufacturer Technimark is investing €26 million into a 50,000 square foot addition that will double the capacity of its operations at its existing plant in Longford, Ireland. The move is also expected to create new highly skilled roles to meet new capacity in its precision injection molding, value-added assembly, finished device assembly and contract manufacturing operations.
 

Supported by the Irish Government through IDA Ireland, on a visit to the plant during December Taoiseach Micheál Martin commented: "It is a great pleasure to visit Technimark in Longford today as they announce a major investment and the creation of up to 80 jobs. This is an important day for Technimark, Longford and the wider region and testament to the continued attractiveness of Ireland as a place where businesses of all sizes can flourish and thrive.”
 

“A key component in our organic growth strategy is ensuring we have state-of-the-art cleanroom facilities and open capacity to support our customers' current and future manufacturing needs,” said Kris Peavy, chief commercial officer and president of healthcare. "Our many expansions around the globe underpin that strategy."
 

“Technimark is committed to growing our business in Ireland and we are extremely excited to have this new space available for our global medical customer base," said Brad Wellington, chief executive officer. “Ireland is seeing pronounced growth in the MedTech market and our facility is ideally located to serve our customers in the region.”

The expansion will include Technimark’s first European Innovation Center which will incorporate office space to house designers and engineers as well as a complete production lab to perform prototype manufacturing.

Technimark has also recently acquired a 204,000-square-foot medical facility adjacent to its US headquarters and has major expansions underway at facilities in the United Kingdom, Germany and China to support growth in the medical market.

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