Valeo to create 100 jobs in Galway
Valeo, one of the world's leading automotive suppliers, has announced it is to create up to 100 new jobs at its operation in Tuam, Co Galway.
The company plans to expand its manufacturing and research activities at its Valeo Vision Systems (VVS) plant and says the move is part of a €17m investment.
According to Valeo the high skilled positions will be filled over the next three years.
The investment which focuses on research, development and innovation (RD&I) and high value manufacturing, is supported by the Government through IDA Ireland.
Valeo says it is undertaking this initiative to target a growing share of the camera market with the development of the next generation of new camera/vision systems and supporting technologies for vehicle parking and manoeuvring.
This investment programme follows on from the successful launch by VVS Tuam of its first generation multi-camera systems on the market in 2008.