Abbott invests 440 million euros and creates 1,000 jobs in Donegal and Kilkenny

Global healthcare giant Abbott plans to create 1,000 jobs in Donegal and Kilkenny in an estimated investment of €440 million.

bbott will construct a new greenfield manufacturing facility in Kilkenny where the jobs will be located.

This 250,000 square foot facility will be located in Loughboy, Kilkenny, subject to planning permission.

The site will then provide Abbott with the capacity to scale up production of its FreeStyle Libre technology, which is used by people with diabetes.

In addition, the healthcare giant will continue to invest in its existing diabetes care site in Donegal.

A spokesman for Abbott said, “Abbott is expanding its Irish manufacturing facilities to meet demand for our FreeStyle Libre technology for people with diabetes, which has grown from 400,000 to more than 4 million users over the past five years.”

Abbott has operated in Ireland since 1946. The company employs over 5,000 people at nine locations across the country.

“Abbott has had a presence in Ireland for over 75 years and we are proud to bring even more quality jobs to the local communities. People using the FreeStyle Libre portfolio are calling it life-changing and this investment will allow us to make even more of it in Ireland to meet growing demand,” the spokesperson added.

The new investment is supported by IDA Ireland.

Commenting on the announcement, Taoiseach Michael Martin said, “Abbott has a long and distinguished history, first establishing offices in Ireland in 1946, and this new investment is a huge vote of confidence in the workforce here and investing in this country as a base.”

https://www.independent.ie/business/irish/abbott-to-invest-440m-and-create-1000-jobs-in-donegal-and-kilkenny-41906900.html Abbott invests 440 million euros and creates 1,000 jobs in Donegal and Kilkenny

Fry Electronics Team

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