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 Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32 - Other manufacturing
150 jobs Number of planned job creations
Announcement Date
11 July 2007
Employment effect (start)
Foreseen end date
31 July 2012
Description
US medical technology group Teleflex Medical has announced that it will create 150 jobs in a new site in Athlone. The jobs will be phased in over five years. The global medical technology company, which manufactures devices used in respiratory care and some surgical procedures, has had an Irish operation in Annacotty, Co Limerick, since 1983, employing 135 people.
The Pennsylvania-based group is bringing its European headquarters to an IDA Ireland facility in Athlone in a move that will create employment in multilingual customer service, finance, HR, IT planning and administration. Twenty-seven people have already been hired to work at the new facility.
Announcing the IDA-supported investment, Minister for Enterprise, Trade and Employment Micheál Martin said he expected to see more high-quality jobs coming to Ireland. This was how Ireland would compete with lower-waged economies, he said. Teleflex Medical President Ernest Waaser said: 'The availability of highly educated graduates with strong language skills, proximity to Athlone Institute of Technology and Ireland's existing base of premises were some of the reasons why we chose Athlone.' Teleflex was established in 1943 and employs 21,000 people worldwide. The company had revenues of 2.5 billion USD (1.8 billion EUR) in 2006.
Sources
12 July 2007: The Irish Independent
12 July 2007: The Irish Times
Citation
Eurofound (2007), Teleflex Medical, Business expansion in Ireland, factsheet number 65614, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65614.
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