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.
Northern Ireland; Northern Ireland; Armagh City, Banbridge and Craigavon
Location of affected unit(s)
Craigavon
Sector
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21.1 - Manufacture of basic pharmaceutical products
100 jobs Number of planned job creations
Announcement Date
1 March 2018
Employment effect (start)
Foreseen end date
Description
Pharmaceutical manufacturer Almac has announced plans to create 100 new jobs when it opens its new store at its Craigavon site. The new cold store will increase the cold storage capacity by 300% and the frozen storage capacity by 50%. The store has been completed at a cost of 20 million GBP (EUR 23.1 million) and a spokesperson for Almac noted that this investment signalled the company's continued commitment to Northern Ireland. Although the store is now complete, there is no further information as to when the new jobs will be filled.
Sources
1 March 2018: Irish News
1 March 2018: Belfast Telegraph
Citation
Eurofound (2018), Almac, Business expansion in United Kingdom, factsheet number 93747, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93747.