| 5.3°C Dublin

160 jobs to be lost as drugs firm axes plant

A MAJOR pharmaceutical firm has announced it is closing one of its Dublin manufacturing plants and scaling back operations in another, with the loss of 160 jobs.

Bristol Myers Squibb, which employed 550 people in its three plants across the country, said it was shutting down its facility in Cruiserath in Dublin 15 because of the "changing market demand for a number of products manufactured at the site".

Some 130 jobs are to go at this plant after manufacturing ceases at the plant at the end of 2015. Another 30 jobs are to go at the company's other manufacturing facility in Swords, north Co Dublin, where a single operating unit will be wound down, also by the end of 2015.

NETWORK

A spokesperson for the company said the closure of the unit was part of "ongoing optimisation" in the company's manufacturing network. However it said the remaining 300 jobs in Swords were secure.

General manager of API Operations Ireland Susan Hynes said the company's Irish operations would continue to play an important role in its global manufacturing network.

"The company is working with IDA Ireland to explore potential future uses of the Cruiserath facility and will endeavour to minimise job losses in Ireland'," she said.

HNEWS@HERALD.IE


Privacy