Two hundred new jobs are to be created by a specialist plastics company in Waterford.
Nypro, an IDA client company, is to establish a medical device manufacturing facility which will produce advanced respiratory and injectable devices for global healthcare and pharmaceutical customers.
The Taoiseach Enda Kenny, together with the Minister for Jobs Richard Bruton, made the announcement this morning.
Recruitment is already underway for the positions some of which include: healthcare automation engineers and technicians, healthcare quality engineers and technicians, and operations and program managers.
The Taoiseach said: "The recent experience of Nypro - reinvention and refocusing on growing sectors, resonates with the wider Irish economy.
Through the Government's Action Plan for Jobs we are refocusing the entire economy back to exports, enterprise and innovation. As the transition of the economy continues there will be more job opportunities for Waterford and the South East.
James O’ Gorman of Nypro Healthcare said: "Nypro has operated in Ireland in Bray since 1980 and in recent years our healthcare business has grown significantly."
He said it was down to the skills, work ethic, creativity and drive of their Nypro Ireland team.
He said: "We now plan to create over 200 positions in Waterford to manufacture complex respiratory and injection devices for our pharmaceutical customers worldwide, and look forward to further growth of our Irish operations in future years."