Imstec is setting up a new base in Kinsale.

Imstec is setting up a new base in Kinsale.

KINSALE is set to benefit from 35 new high-quality jobs with the announcement that German pharmaceutical solutions manufacturer IMSTec is to set up a service support and R&D centre in the West Cork town.

 

The announcement was made by Enterprise Minister Richard Bruton as part of a wider announcement of 147 new jobs from US and European companies for Cork and Dublin in the ICT, medical technology, financial services the digital media and, life sciences sectors.

 

 

Positioning

 

IMSTec provides manufacturing solutions to some of the biggest pharmaceutical companies, who themselves are already based in Ireland, such as Allergan, Boston Scientific and Abbott.

 

The company has cited Ireland’s positioning in relation to the US and Europe as one of the reasons for locating here which it is hoped will help the company to develop new clients and grow further.

 

 

Growth

 

The news was welcomed by local Fine Gael TD Jim Daly who said, “This is fantastic news for Kinsale and recognises the talented workforce, good infrastructure and attractiveness of Cork South West as an area for foreign direct investment.

 

“Slowly but surely, we are getting our people back to work. Private sector employment has started to grow for the first time in four years, as large numbers of new jobs are created in the high-tech sector and in IDA-supported companies, among others.

 

“These jobs will come as great news for Kinsale and I look forward to seeing the benefit they and IMSTec bring to the wider region.”