The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
1,100 jobs Number of planned job creations
Announcement Date
24 January 2006
Employment effect (start)
1 June 2006
Foreseen end date
Description
US drug giant Amgen wants to recruit up 750 graduates for a new 820 million plant in Cork, which will open in 2009 and employ 1,100 people by 2010. The group will receive grant assistance from IDA Ireland to develop a new manufacturing complex on a 133-acre greenfield site in Cork. Construction will begin later in 2006 after Amgen, the world's biggest biopharmaceutical group, chose not to bring its investment to Switzerland or Singapore, which had sought the project.
Sources
20 January 2006: The Irish Times
Citation
Eurofound (2006), Amgen, Business expansion in Ireland, factsheet number 63073, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63073.