29/04/2015

125 New Jobs Announced With Bausch + Lomb Expansion

125 jobs are to be created in Waterford as part a €75m expansion by Bausch + Lomb.

The expansion plan was the result of negotiations last year, when Bausch + Lomb's parent company, Valiant, announced that there would be 200 redundancies and a 20% cut in pay at the factory.

Following negotiations, Valiant announced that it would invest in the factory, which has been producing contact lenses and other products at the site for 35 years.

Minister for Jobs Richard Bruton announced that the company is to invest €75m into the business, creating 125 new jobs. 150 construction jobs will also be created during the expansion.

(MH/CD)

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