Boston Scientific will invest €100 million in its Galway campus, in a move that is expected to create up to 300 jobs.
The medical device company will add 40,000 square feet of new carbon-neutral manufacturing space at Ballybrit that will be powered by renewable energy.
“This expansion reflects the significant contributions of our workforce here in Galway and the strength of the broader business and local community in the western region,” said James Lyons, vice president of operations for Boston Scientific.
“In addition to investing in our physical space, we remain committed to fostering an inclusive workplace where all employees can find opportunities to grow in their careers.”
Through its three Irish sites in Clonmel, Cork and Galway, Boston Scientific is the largest medical device employer in Ireland.
As a long-term investor and employer in Galway, Boston Scientific has been operating in the city since 1994.
So it started with 30 employees, but today it employs 4,150 people there.
Activities at the Galway campus include advanced product design, research and development, and manufacturing of a range of devices including heart valves and stents, balloon vessels, and oesophageal stents.
In total, more than four million devices are exported from there every year.
“Boston Scientific has a workforce of more than 6,500 people at its sites in Galway, Clonmel and Cork, making it Ireland’s largest life sciences employer,” said Martin Shanahan, CEO of IDA Ireland, that supported the investment.
“Today, Ireland has the highest per capita number of people employed in the European medical device industry.”
“Boston Scientific is one of the world’s leading medical technology companies choosing to grow in Ireland and contribute to a vibrant industry sector, which has a key role to play in addressing the world’s biggest healthcare challenges.”
The news was also welcomed by the Taoiseach, who said it reflects a real confidence in the quality and talent of the Irish workforce.
In 2019, Boston Scientific opened another new facility on the site of the former Digital factory in Ballybrit, with an investment of €60 million.
Globally, the company employs 41,000 people and sells in 115 countries, with sales last year of $11.9 billion.