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 Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
120 jobs Number of planned job creations
Announcement Date
14 March 2006
Employment effect (start)
Foreseen end date
Description
US multinational Johnson & Johnson, which employs around 2,000 people in Ireland, has promised to invest more than 100 million on the expansion of a business in Limerick that makes disposable contact lenses. The development will bring the value of the group's Irish projects to 630 million.
The investment by Johnson & Johnson's Vistakon unit will create more than 120 jobs within two years at its plant in the Plassy Technology Park, near the University of Limerick. The company already employs more than 500 workers there.
Sources
20 March 2015: The Irish Times
Citation
Eurofound (2006), Johnson & Johnson, Business expansion in Ireland, factsheet number 63135, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63135.
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