A major investment in the Abbott medical plant in Donegal is set to lead to 200 new jobs.
The medical device’s manufacturer is planning a €130m investment in a new facility in Donegal Town that would lead to the creation of about 200 jobs, according to the Sunday Times.
The US healthcare group is finalising plans for the dramatic expansion of its site in Donegal town, which makes products for treating diabetes.
The present plant opened in 2006, and it makes the group’s worldwide supply of blood glucose monitoring strips.
Sources said the expansion would facilitate the manufacturing of a new product and ultimately lead to the doubling of the 200-strong workforce in Donegal.
It is expected to involve investment of between €130m and €140m.
Abbott, which is valued at $97bn (€82bn) on the New York stock exchange, has identified diabetes treatment as a growth area.
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