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 32.5 - Manufacture of medical and dental instruments and supplies
110 jobs Number of planned job creations
Announcement Date
13 September 2016
Employment effect (start)
13 September 2016
Foreseen end date
Description
Biotechnology firm Ortec is planning to create 110 new jobs at its site in Newcastle West, County Limerick. The roles are described as skilled engineering and science jobs and are expected to be filled as Ortec's expansion in Limerick continues. Once completed Ortec's workforce will have doubled. Ortec is an American company that specialises in custom materials research and manufacturing, and works with companies involved in "pharmaceuticals, medical devices, excipients, bioabsorbable products, hygienic products, cosmetics, and nutritional additives."
Ortec's expansion is supported by IDA Ireland.
Sources
13 September 2016: RTE
13 September 2016: Irish Independent
13 September 2016: Silicon Republic.com
Citation
Eurofound (2016), Ortec, Business expansion in Ireland, factsheet number 88507, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88507.
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