Building work has started on a new manufacturing facility for West Pharmaceutical Services in Waterford.
The Waterford facility will manufacture packaging components for insulin injector cartridges and other high-value packaging components for injectable drugs.
The company intends to employ approximately 150 people in engineering, production and other positions by the commencement of operations in late 2018.
"West's presence in Ireland is of great importance to us for meeting customer demand for high-quality packaging components," said Eric Green, Chief Executive Officer at West. "Packaging systems play an important role in ensuring the purity, long-term stability and efficacy of injectable drug products. The advanced components that will be produced at our state-of-the-art Waterford plant will help our pharmaceutical and biotechnology customers deliver their products to patients."
The 95,000 square foot (approximately 8,800 square meter) facility will be situated at a 44-acre site at Knockhouse on Old Kilmeaden Road in Waterford.
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