Holster Inc to Invest €80 Million in Ballina
Taoiseach Enda Kenny, announced today that Hollister Incorporated, a specialty medical products company, is to invest €80 million at their facility in Ballina, Co. Mayo.
The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
This investment by Hollister Incorporated will build upon their existing continence care portfolio of intermittent catheter products and services including their next generation hydrophilic catheters.
Hollister Incorporated is one of the largest employers in Ballina and has contributed more than €60 million to the Irish economy in 2013. Their plant in Ballina is located on approximately 40 acres.
In the past 7 years, significant investments have been made in the Ballina plant, both in infrastructure and equipment. During that period, a number of additional functions have been added to the original manufacturing process including research & technology development, new product development, corporate project engineering and technical services. The Ballina operation also coordinates the inventory, distribution and sales invoicing for Hollister throughout Europe and the EMEA region.
Hollister Ireland was established in Ballina, Co. Mayo in 1976. The company is a wholly owned subsidiary of Hollister Incorporated and currently employs over 500 people in both new product development and manufacturing.
Welcoming the announcement today An Taoiseach Enda Kenny, TD “The investment by Hollister Incorporated of €80m in their Ballina plant is fantastic news for Mayo and the North West. The investment by Hollister represents a vote of confidence in Ballina and the local workforce. The Government’s mission is to rebuild Ireland’s economy and this can only be achieved by creating a supportive environment for business and jobs. New investments by companies like Hollister are critical in getting Ireland working again and the Government will do everything possible to win more investments into Ireland and Mayo.”
“Our continued investment in Ballina provides a great opportunity for Hollister Incorporated to continue our Mission to make life more rewarding and dignified for those who use our products and services. The support of the Irish government and the IDA is greatly appreciated,” says Bob Crowe, Sr. Vice President, Global Operations and Information Technology, Hollister Incorporated.
Minister for Jobs, Enterprise and Innovation Richard Bruton TD said: “This is a very welcome announcement for Mayo and for the whole country. Life sciences is a sector which we have targeted for support as part of our Action Plan for Jobs and in recent years we have seen significant progress in this area. I wish Hollister every success with this project and look forward to working with them in the future.”
IDA CEO Barry O’Leary said, “The announcement today from Hollister Incorporated is of key importance to Ireland’s Medical Technologies sector and contributes substantially to Ireland’s export economy. Hollister is part of a strong cluster of life sciences companies in the West region, which is hugely important to the local economy. I would like to acknowledge the management and staff at the Ballina plant, who over the past 40 years, have achieved global responsibility for many of Hollister’s products. I wish Hollister every success in the future and offer the continued support of IDA Ireland.”