Sunday 22 October 2017

Renishaw plant to create 110 jobs

John Mulligan

John Mulligan

UK-BASED precision equipment maker Renishaw expects to create as many as 110 new jobs at its operation in north Dublin after being granted planning permission for a major extension of its plant there.

Fingal County Council has given the go-ahead for the company to add a 27,000 sq ft extension to the Renishaw plant in Swords.

The company, which has had a presence in Ireland for three decades, was co-founded by Dubliner David McMurty.

It manufactures equipment such as probes and machinery used in a number of sectors such as aviation, medicine and meteorology.

Planning files lodged by Renishaw detail that the extension will result in the creation of 30 jobs initially, with the figure "rising in the future".

The company has indicated to Fingal County Council that while 30 new jobs are likely to be created once the extension comes into operation, there is the prospect of adding a further 80 new roles as new product lines are developed at the Swords factory.

Renishaw's Irish arm recorded revenues of €92.3m in the 18 months to the end of 2010 and a pre-tax profit of €21.3m.

Irish Independent

Also in Business