Jobs boost at pharmaceutical plant
One of the world's leading pharmaceutical plants has unveiled a 330 million euro expansion at its plant in Cork, creating hundreds of jobs.
Eli Lilly and Company, a global leader in biopharmaceuticals, will recruit up to 200 highly skilled employees at its facility in Kinsale next year.
Another 300 temporary construction workers will be hired when building works start next month.
Ed Canary, general manager of the Kinsale site which manufactures active ingredients in treatments for illnesses such as cancer and diabetes, said the investment was an endorsement of its success in developing a biopharmaceutical business in recent years.
"This is in no small part due to the site's excellent performance record, the talent of the workforce, and the support from IDA Ireland," he said.
"In the past five years, we have hired and trained some highly talented people and now have a technical talent base and capability in biopharmaceutical commercialisation and manufacturing that makes us a very attractive company for highly skilled people."
The US firm already employs 700 people at four sites across Ireland. The new 240,000 square foot commercialisation and manufacturing facility will be operational in late 2013.
Jobs Minister Richard Bruton said: "The Government is determined to ensure that more announcements like this become real in the coming years."
Elsewhere PepsiCo, the second largest food and beverage business in the world, officially opened its new R&D centre for next generation products in Little Island, Co Cork.
Mr Bruton said: "The investment of 10 million euro by Pepsi in its facility in Cork is a very welcome addition to the growing list of world-leading companies who are locating R&D facilities in Ireland."