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 (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21.20 - Manufacture of pharmaceutical preparations
330 jobs Number of planned job creations
Announcement Date
30 May 2017
Employment effect (start)
Foreseen end date
31 May 2020
Description
Pharmaceutical manufacturer MSD is to create 330 new jobs across Cork and Carlow over the next three years. The new jobs will be in technical, engineering, biochemistry, biology, quality and operations positions. MSD's Cork plant will see 210 of the new positions, while the other 120 new jobs will be based at the company's vaccine and biologics plant in Carlow. The expansion is enabled through a €280 million investment across both Cork and Carlow plants.
MSD currently employs 1,600 people in Ireland, across four sites in Cork, Carlow, Dublin and Tipperary. The company has been operating in Ireland for more than 50 years and has commercial and marketing functions in Ireland as well as manufacturing.
Sources
30 May 2017: RTE
30 May 2017: Silicon Republic.com
Citation
Eurofound (2017), MSD, Business expansion in Ireland, factsheet number 91077, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91077.