Hollister Incorporated, a speciality medical products company, has announced it is to invest €80m in its Ballina, Co Mayo, facility.

The investment is being supported by the Department of Jobs, Enterprise and Innovation, through IDA Ireland, and will build upon the firm's existing continence care portfolio of intermittent catheter products and services including their next generation hydrophilic catheters.

The facility in Ballina is situated on around 40 acres of land and in the past seven years, significant investments have been made in infrastructure and equipment. For example, a number of additional functions have been added to the original manufacturing process including research & technology development, new product development, corporate project engineering and technical services. The operation also coordinates the inventory, distribution and sales invoicing for Hollister throughout Europe and the EMEA region.

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It is understood a number of jobs will be created with this newest investment.

Welcoming the news, Taoiseach Enda Kenny said: "The investment by Hollister Incorporated of €80m in their Ballina plant is fantastic news for Mayo and the North West. The investment by Hollister represents a vote of confidence in Ballina and the local workforce.

"The Government's mission is to rebuild Ireland's economy and this can only be achieved by creating a supportive environment for business and jobs. New investments by companies like Hollister are critical in getting Ireland working again and the Government will do everything possible to win more investments into Ireland and Mayo."

Bob Crowe, Senior Vice President, Global Operations and Information Technology, Hollister Incorporated, added: "Our continued investment in Ballina provides a great opportunity for Hollister Incorporated to continue our Mission to make life more rewarding and dignified for those who use our products and services. The support of the Irish government and the IDA is greatly appreciated."

(JP/IT)