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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific research and development
100 jobs Number of planned job creations
Announcement Date
31 March 2008
Employment effect (start)
Foreseen end date
30 December 2011
Description
US company Lancaster Laboratories plans to expand its existing plant in County Waterford. It is envisaged that the new investment will result in the creation of 100 positions over the next five years. Most of these positions will be at PhD, Masters and graduate level - in other words, highly skilled. The announcement follows on from its recent takeover of Irish company Microchem Labs, which already employs 100 people in Waterford. Following the acquisition of Microchem, the company will now be known as Lancaster Laboratories Europe.
Sources
1 April 2008: The Irish Times
Citation
Eurofound (2008), Lancaster Laboratories Europe, Merger/Acquisition in Ireland, factsheet number 66465, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66465.
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