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
1,100 jobs Number of planned job creations
Announcement Date
14 September 2006
Employment effect (start)
1 December 2007
Foreseen end date
1 January 2009
Description
Biotechnology company, Amgen, will become the largest company to invest in Cork in recent times, after it cleared its first planning hurdle on the way to constructing a massive biotechnology plant. Amgen, the world's largest biotechnology company - manufacturing therapeutics based on cellular and molecular biology - is proposing to invest in a 800 million euro plant and employ upwards of 1,100 people. Around 750 of the workforce will be comprised of third-level science graduates. Recruitment is expected to get underway towards the end of 2007 with production set for sometime in 2009.
Sources
15 September 2006: The Irish Examiner
Citation
Eurofound (2006), Amgen, Business expansion in Ireland, factsheet number 64105, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64105.
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