Hollister Incorporated Announce €80m Capital Investment in Ballina
The American Chamber of Commerce has today welcomed the announcement by Hollister Incorporated, a speciality medical products company, that it is to invest €80 million in their facility in Ballina, Co. Mayo.
Hollister Ireland was established in Ballina, Co. Mayo in 1976. The company is a wholly owned subsidiary of Hollister Incorporated and currently employs over 500 people in both new product development and manufacturing.
The company is one of the largest employers in Ballina and contributed more than €60 million to the Irish economy in 2013.
In recent years significant investments have been made in the Ballina plant, both in infrastructure and equipment. During this time, a range of additional functions have been added to the original manufacturing process including research & technology development, new product development, corporate project engineering, and technical services. The Ballina operation also coordinates the inventory, distribution and sales invoicing for Hollister throughout Europe and the EMEA region.
Hollister's Senior Vice President of Global Operations and Information Technology, Bob Crowe, said "Our continued investment in Ballina provides a great opportunity for Hollister Incorporated to continue our Mission to make life more rewarding and dignified for those who use our products and services. The support of the Irish government and the IDA is greatly appreciated."
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Press release distributed by Pressat on behalf of Pressat, on Wednesday 11 June, 2014. For more information visit http://www.pressat.co.uk/
Hollister Incorporated Business & Finance
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