Despite announcements today on the soaring rate of unemployment, two companies have declared they are to expand their workforce.
The Economic and Social Research Institute has released a report on Tuesday claiming the recession is to deepen and has forecast no recovery until 2009.
But ducking the negative news, a healthcare technology company has announced it is to create 150 jobs at a re-developed manufacturing facility in Bray, Co Wicklow, according to reports.
Nypro is set to produce a needle-free drug delivery device for a US pharmaceutical company for late 2008.
The contract has already created 25 new jobs. Nypro said the news represented a €7.4m investment in Ireland. Nypro Ireland's customers include Schering Plough, Bausch and Lomb, Boston Scientific, Unilever, Procter and Gamble, Microsoft and Hewlett Packard.
Meanwhile, a packaging company is to create 70 jobs in Donegal. The food packaging firm in the Donegal Gaeltacht is to more than double its workforce as part of a multi-million euro expansion, it was announced today.
Some 70 new jobs will be rolled out over the next three years at RA Pacaisti Teo in Gweedore's Gaoth Dobhair Business Park, which currently employs 54 people.
The €3.3m expansion, supported by Udaras na Gaeltachta, will allow for a major expansion of the company’s operations, which includes the launch of three new patented product lines.
(DW) |
