Medical devices firm to create jobs
A medical devices firm is to create 70 jobs at its plant in Wexford.
Irish-owned ClearStream Technologies is to undertake a major expansion, recruiting the new staff over the next three years.
The Enniscorthy-based company, which mainly makes catheters and stents, plans to invest in research and development, new product development, production facilities and management training under plans announced by Enterprise Minister Batt O'Keeffe
"ClearStream Technologies is among the firms driving Ireland's reputation as a world leader in medical technologies," Mr O'Keeffe said.
"Already, 15 of the world's top 20 medical devices companies are based in Ireland and, as an indigenous firm, ClearStream Technologies is demonstrating an important shift towards higher-end research and development activity in the life science sector.
"The 70 high-quality jobs will bring huge economic dividends to Wexford and the broader south-eastern region."
The investment was supported by Enterprise Ireland.
Andy Jones, chief executive of ClearStream Technologies, said: "We are currently embarking on phase two of the expansion to our production capacity to meet the growing demand for the latest generation of our products. In particular, we intend to seek out new technologies and invest in further research and development for the future and we expect the newly-created position of chief technology officer to be key to this growth."
Management plan to take on new staff in product engineering, research and development, manufacturing, and sales and marketing.