Integer Holdings Corporation (NYSE: ITGR), a leading medical device outsource (MDO) manufacturer, today announced it will further expand its presence in Galway, Ireland, with the construction of a new Medical Device Innovation and Manufacturing facility in the Parkmore East area of Galway. This new facility is required to meet increased demand for regional research, development and manufacturing capabilities as well as capacity for catheters and delivery systems. It adds to Integer’s 15 global manufacturing sites and current presence in Ireland, which includes an R&D center in Galway and manufacturing facilities in Galway and New Ross, County Wexford.
“I’m really pleased to see Integer announce further investment in Galway, with the addition of a new Medical Device Innovation and Manufacturing facility,” said Tánaiste and Minister for Enterprise Trade & Employment Leo Varadkar TD. “I understand that this expansion will result in 100-200 new roles in the coming years, creating excellent employment opportunities for people in the area. This collaboration between IDA Ireland and Integer is another example of the valuable work that IDA Ireland do to bring investment into the country. I wish the team every success with this expansion.”
“This expansion further demonstrates Integer’s commitment to supporting our customers’ growth strategies,” said Payman Khales, president of Integer’s Cardio and Vascular business. “The new Galway facility will allow us to continue our investments in research and development in this important medical device hub. The significant manufacturing space in the same facility will allow a seamless transition of new products from development to manufacturing, which will further enable us to help our customers bring products to market faster – a strategic priority as we advance our vision to enhance the lives of patients around the world.”
The initial phase of the project will include construction of a 60,000 square foot facility on land purchased from IDA Ireland and involves a projected $30 million investment over the next several years. Construction is anticipated to kick off in 2022, with an estimated completion in late 2023. Once complete, all new regional research, development and manufacturing will be housed in this facility, with equipment investments continuing over the following 2-3 years. This initial phase will satisfy Integer’s immediate space requirements in the region; however, the company has obtained planning permission for a total of 147,000 square feet for future expansion when needed.
Integer’s presence in Ireland spans more than 25 years. Throughout that period, Integer has consistently invested in its infrastructure, technology and associates.
The significant investment being announced today continues that trend, while at the same time reinforcing Integer’s commitment to its Ireland operations and customers. The company currently employs approximately 1,300 people in Ireland, with 350 located in Galway. The addition of the new Galway facility is projected to add an estimated 100-200 engineering, administration and manufacturing jobs to Integer over the next several years, while the design and construction activities are expected to employ several hundred third-party contractors in the Galway region.
“We are excited about our continued growth in Ireland and look forward to meeting our customers’ expanded needs well into the future,” continued Khales.