Medical device manufacturer CaridianBCT is to invest £16 million in its Larne, County Antrim site over the next three years, it has been announced.
The investment, which includes £1.7 million of support from Invest Northern Ireland, will be used to expand the site, creating over 235 new jobs and offering local people the opportunity to gain transferable skills in the life sciences sector.
“This major investment is a boost for Larne and for the Northern Ireland economy as a whole,” said Economy Minister Arlene Foster. “CaridianBCT has set ambitious targets including increasing production at its Larne operation and more than doubling employment over the next three years.”
Meanwhile, senior vice president of operations Craig Rinehardt said: “The Larne site offers a proximity to important European markets such as Germany and Spain.
“Key to our success in Larne has been the talented people. They understand the need to maintain the highest levels of process excellence in the manufacture of sterile medical solutions and devices. This investment will enable us to build on our growth to date.”