Jobs boost as Irish firm lands €8m trade deal
A MEDICAL diagnostics firm has landed an €8m deal with suppliers in Mexico that will see its products used across the country's clinics and hospitals.
President Michael D Higgins, who is on an official visit to central America, is set to join Mexican president Enrique Pena Nieto today to witness the signing of the agreement between Co Donegal-based Randox Teoranta and Central de Diagnostica e Industria.
The deal to bring the company's "biochip" lab products to Mexico will create 30 new jobs at its manufacturing facility in Dungloe. Biochip technology enables numerous tests for diseases, infections or other substances to be carried out on one single blood sample.
Randox Teoranta is part of the Northern Ireland-based Randox Laboratories group, which has been doing business in Mexico for 15 years and already has 100 staff working in the country.
Dr Peter FitzGerald, managing director of Randox Teoranta, said the presence of the heads of state would be a source of pride for the firm.
"We are honoured to have both presidents witness this new trade agreement and of course we are honoured to be working with Mexico," he said.
Arturo Olvera-Medel, company director of Central de Diagnostica e Industria, described the deal as an outstanding opportunity.
"Randox Teoranta is a prestigious and renowned company," he said.
"We have achieved a successful, cordial and long-lasting relationship, always based on the quality of the products boasted by the brand, on respect and on excelling international quality regulations."