26/01/2017

NI Firm Secures New Premises In Dundalk

NI firm Almac has announced a multimillion investment in Dundalk, Co Louth.

The Craigavon based firm has secured new premises at IDA Business Park to support its ongoing global expansion plans in response to increased client demand.

The firm will also create an additional 100 jobs within the first two years.

The expansion has been supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

The facility will be used by Almac Pharma Services and Almac Clinical Services, both of which are registered to operate in the Republic of Ireland. The new premises increases the Group's European footprint by 32,000sq ft and provides continued presence within the European Union in the long term.

Alan Armstrong, CEO Almac Group commented: "This news comes in addition to our recent announcement of a £27m investment at our global Headquarter site in Craigavon, our US operations and our European facility in Athlone. All of this is evidence of Almac’s commitment to provide best-in-class products and services to our clients across the world and we would like to thank all those who have supported us to date."

Minister for Jobs, Enterprise and Innovation, Mary Mitchell O'Connor said: "This is a very exciting project for Dundalk and builds on the strong cluster of multinational companies who have very successfully located in that town in recent years and who have found it a great base from which to promote their sales into other EU Member States. Ireland's expertise in the Pharma sector is unrivalled, with virtually all the major international players having operations here, thus generating synergies and opportunities for new companies investing with us. These additional 100 jobs to be provided are very welcome and we look forward to a long and mutually beneficial engagement with Almac into the future".

(CD)

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