Over 200 jobs created by Irish pharma firm
Armagh-based Almac is set to invest £13.7m into its drug development and manufacturing business at the Craigavon site.
Jobs creation agency Invest Northern Ireland has offered £2m in support of the investment, which will provide 229 new job opportunities.
Skilled operations and manufacturing roles will become available as two core areas of the pharmaceutical company are developed, including the expansion of a key production line used to manufacture profitable product for export.
Almac, which manufactures clients’ initial drug formulations on a large volume-scale worldwide, will also be upgraded with a new development and analytical facility. Modernisation of this service is essential to ensure optimum drug testing and quality compliance standards are met.
Enterprise Minister Arlene Foster said: "This investment is good news for Craigavon and will reinforce Northern Ireland's position in the wider life sciences sector. The 229 new jobs will deliver almost £5.5m annually in salaries, bringing an important and positive economic boost which will benefit local people.”