VistaMed to create 125 new jobs on back of €7m investment

30 May 20142 Shares

Irish med devices company VistaMed is to create 125 new jobs in Carrick-on-Shannon and Roosky as part of a €7m investment.

VistaMed is the leading Irish catheter and extrusion provider to the global medical device industry and a Helix Medical joint venture partner.

The €7m investment is supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland.

Recruitment for these positions is ongoing and positions are expected to be filled by the end of 2014.

The investment is in response to increased demand in the global medical device market for sophisticated and innovative catheter and stent delivery systems.

A powerful engine for growth

The 35,000 sq. ft. expansion of the Carrick-on-Shannon facility includes 12,000 sq. ft. of cleanroom which is required to meet the growing need for diverse braided catheter assemblies, as well as a new area dedicated to thermoplastic extrusion which is recognised as best-in-class for the stringent catheter tubing requirements for today’s demanding requirements within the Medical industry.

VistaMed has also developed a dedicated R&D Engineering Laboratory which reinforces VistaMed’s continuing support for innovative design and development projects and further enhances the rapid project “turnaround” times currently experienced by VistaMed’s global customer base.

 “VistaMed was founded on being a solution provider for technically challenging catheter and extrusion products for a worldwide market,” VistaMed managing director Patrick Mulholland explained.

“This new extension will allow us to offer an even more comprehensive design and development service that combined with the addition of sophisticated equipment will enable us to continue to offer a world class service to the global medical device industry.”

The news was welcomed by Jobs Minister Richard Bruton who said: “I have spoken before about our determination to support a powerful engine of Irish exporting business driving employment recovery across the country.

“VistaMed’s announcement today is a compelling example of what is possible for companies in every region of the country and I commend them on their achievement.”

Med tech image via Shutterstock

John Kennedy
By John Kennedy

Editor John Kennedy is an award-winning technology journalist. He joined Silicon Republic in 2002 to become the fulcrum of the company’s news service He was recipient of the Irish Internet Association’s NetVisionary Technology Journalist Award 2005 and Siliconrepublic.com has been awarded ‘Best Technology Site’ at the Irish Web Awards seven times. In 2011 he received the David Manley Award commending him for his dedication to covering entrepreneurs. His interests include all things technological, music, movies, reading, history, gaming and losing the occasional game of poker.

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