“Merit is an excellent employer in the West and is a key component of the medical device cluster operating successfully from the region. Ireland boasts an enviable cluster of medical device companies with 17 of the top 25 global medical-device companies having a significant presence here.”
The Irish news vehicles are all covering the news that Merit Medical Systems is to create two hundred jobs over the next five years at a €20m facility in Galway.
According to an item in Silicon Republic, “Today marks the official opening of Merit Medical Systems’ expanded facility at Parkmore Business Park East in Galway. The €20m facility will result in 200 jobs in R&D, shared services, operations support and manufacturing, with at least 30pc of these going to third-level graduates.”
The news coincides with Merit’s appearance as an exhibitor at the EuroPCR meeting in Paris this week.
Merit describes itself as a worldwide designer, developer, manufacturer and marketer of medical devices used in interventional and diagnostic procedures.
According to the news coverage, this investment, supported by IDA Ireland, more than double’s Merit Medical Ireland’s capacity in Galway, providing more than 75,000 sq feet of space, allowing for the expansion of R&D and other activities.
The Parkmore West facility, which now employs 379 people, is already a designated centre of excellence for Merit’s guide-wire technologies, but this state-of-the-art expansion will see it become a centre of excellence for a range of new products and technologies.
“Our high level of satisfaction with our Galway facility’s ability to take on new challenges and its successful track record in developing new products over the past 16 years were major factors in implementing this crucial investment there,” said Fred P Lampropoulos, Merit’s chairman and chief executive officer. “In addition, we believe the proven commitment of the Irish management team and workforce will help to ensure that these latest developments will be implemented successfully and result in the facility increasing its already significant role in our global business.”
Source: Silicon Republic