03/12/2008

Renishaw To Create 60 Swords Jobs

Enterprise Minister Mary Coughlan has announced that Renishaw is to expand its Swords facility, by establishing a new research and development function, creating 60 jobs over the next three years.

Renishaw Ireland, established in 1981 to manufacture a limited range of small touch trigger probes, has continued to develop in size.

Renishaw will expand its Swords facility by establishing a new R&D function to provide research and development on a range of devices for targeted delivery of therapeutics into the brain for the treatment of a range of neurological diseases.

To reflect the importance of Ireland in the company’s neurological activities, Mat Stratton, General Manager of Renishaw’s Neurological Products Division has been appointed to Renishaw Ireland’s board.

Ms Coughlan said: "This decision by Renishaw, means Swords will now be at the core of the company’s future R&D strategy in novel medical devices."

Geoff McFarland, Renishaw’s Group Engineering Director, said: "We are very pleased with our decision to locate this strategically important part of our business here in Swords.

"We know that Ireland can provide the highly skilled personnel we are looking for and the pro-business environment we have experienced to date allows us to operate efficiently and effectively from here.

"The Irish operation should be proud as this is an extremely promising sector for our company which is strategically important for our business and given the performance of the Irish operation we are confident of its future success," he added.

(PR)

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