Up to 300 new jobs to be created in Tipperary by US drugs manufacturer Amneal
US based generic drug manufacturer Amneal is to create up to 300 jobs in Cashel, Tipperary.
The company has bought the former Johnson and Johnson factory plant on the Cahir Road.
The 200,000 square foot plant has been idle for years after it was closed by Johnson and Johnson in 2011, who subsequently sold it to a Singapore-based investment firm.
The Cashel site will be dedicated to research and development as well as the production of inhalers and biopharmaceutical drugs.
Amneal expects to hire an estimated 250-300 employees when the facility is at full capacity in the next few years.
Amneal co-chief executive and co-chairman Chintu Patel said: “Our new Ireland facility is critical to Amneal’s long-term global growth, in Europe, the U.S. and throughout the world.
“We appreciate the outstanding support from IDA Ireland and others in helping us establish ourselves in County Tipperary and are excited to launch our operations here.”