Almost 50 high quality jobs are to be created at a new medical product manufacturing plant in Co Kerry, Enterprise Minister Micheál Martin said today.
Mr Martin announced the establishment of BeoCare Ltd, a high potential start-up company in Killarney.
The firm will incorporate a substantial Research and Development facility to develop and manufacture high value medical products with the creation of 48 new posts over the next two years.
Minister Martin said 10 of the 48 new jobs will be directly involved in Research and Development.
“This investment in market-led research and development will help BeoCare anticipate and respond to the needs of its international customers and deliver innovative products,” he said.
“Healthcare and life sciences are sectors in which we are developing strong clusters of dynamic Irish companies.
“The development of companies like BeoCare in high value knowledge intensive sectors is a key element of Enterprise Irelands 2005-2007 Strategy Transforming Irish Industry.”
Mr Martin said increasing the number of start-up firms is essential to developing and sustaining regional economies and is a major focus of Enterprise Ireland’s Strategy.
“BeoCare’s location in Killarney will not only create jobs in the local area, but also generate spin-off economic activities which are very important in promoting regional development,” he added.
Kevin Sherry, Manager of Enterprise Ireland’s High Potential Start-Up Unit, said Joseph Gallagher and the promoters of BeoCare bring extensive technical, commercial and market experience to the new high potential start-up.
“Enterprise Ireland is particularly pleased to be supporting BeoCare and looks forward to working closely with the company in realising its vision,” he added.