Friday, 12 August 2022
US healthcare company, Abbott Laboratories has today (Friday 12th August) announced a major expansion investment in Ireland with plans to create 1,000 new jobs as part of its €440m investment in the country.
The announcement sees Kilkenny and Donegal receiving most of the investment. The Diabetes Care facility in Donegal Town is a centre of excellence for blood glucose monitoring. It manufactures and distributes the worldwide supply of Abbott’s FreeStyle brands of blood glucose test strips. Today’s announcement see’s an expansion at the facility which will lead to further employment.
Abbott already employs 5,000 people in Ireland and has had operations here for more than 75 years.
The investment by Abbott is supported by IDA Ireland which recently also announced FinTrU's European Delivery Centre being based in Letterkenny.
"Abbott has had a presence in Ireland for more than 75 years, and we're proud to bring even more highly-skilled jobs to local communities," the company said today.
Minister for Agriculture, Food and the Marine Charlie McConalogue TD said the announcement by Abbott is a real vote of confidence in Donegal and the North West region as a whole.
"This announcement by Abbott is tremendous news for Donegal as well as Ireland overall. It is a real vote of confidence in Donegal. This is a significant investment which will create further crucial jobs. Abbott has been in Ireland for over 75 years and has created over 5,000 jobs in that time," he stated.
He continued: "We have an educated, highly motivated and committed workforce in the region and it is no surprise that Abbott is the latest in line of companies who have chosen Donegal as the location of their expansions.
"I commend the work by the Taoiseach Micheál Martin, the Tánaiste Leo Varadkar and the IDA for working hard to deliver this significant investment."
IDA Ireland Executive Director Mary Buckley said that Abbott has had a longstanding presence in Ireland spanning over 75 years during which the company has made a substantial and valued contribution to regional economies.
"It is most welcome and demonstrates continued commitment to its Donegal site that it will benefit from further investment and new jobs as part of this investment and jobs announcement," she stated.