A GALWAY Gaeltacht area received a boost today with the announcement of 35 new jobs.
The jobs are to be created at Spiddal medical device company Cambus Teo. The move follows the 50pc acquisition of the company by global medical device company Helix Medical.
As part of that arrangement, Helix Medical has agreed to provide expansion funding to the Spiddal company for further development. The company is also supported by Udaras na Gaeltachta.
The company, which is based at Baile an tSagairt in the Spiddal industrial estate currently employs 50 people. The 35 new jobs will focus on engineering, production and management. They are expected to be filled by the end of 2013.
Cambus Teo was established in 2006. It develops, designs and manufactures critical components for minimally invasive devices used in diagnostic and therapeutic interventions.
“This investment by Helix Medical underpins the company’s strategic development to date, places Cambus on solid foundation for continued growth and expansion in the future and will enable the company to remain on course to deliver a further 35 new jobs by the end of 2013,” said John Farragher, director of Cambus Teo.
Helix Medical is a global custom manufacturer for the medical device and healthcare industries with seven manufacturing operations worldwide. It is part of the Freudenberg Group, which employs over 37,000 people in 58 countries.
CEO of Údarás na Gaeltachta, Steve Ó Cúláin, welcomed the announcement saying it would accelerate the development of the company and secure that into the future.