The leading supplier of automation solutions for MedTech multinationals will acquire 8 acres of land for future development and 60K sq. ft of ready to go production space to support immediate capacity requirements.
The Irish firm has also announced plans to create 100 new jobs by 2023, supported by Enterprise Ireland.
The expansion and job growth supports a growing demand for its advanced automation solutions for the global MedTech sector.
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Vivian Farrell, CEO of Modular Automation, said: "Our team has doubled in the past five years to over 170 employees and due to growing demand, we now plan to create another 100 jobs over the next 3 years. We are also investing to substantially expand our facility to give us the capacity to deliver more for our customers both at home and across the US."
Stephen Creaner, Executive Director, Enterprise Ireland added: "Enterprise Ireland has worked closely with Modular Automation, both in Ireland and internationally since its establishment. It is a great example of an Irish company, headquartered in Shannon with a clear global ambition that is building its scale and expanding its reach internationally and growing its base of new high-quality jobs in Ireland. Through its commitment and investment in innovation, the company has successfully positioned itself to be a global leader in automation solutions for the growing MedTech sector."
(CM/JG)
