January 11
Zeus expands operation in Letterkenny and creates 75 new jobs
The Tánaiste and Minister for Education, Mary Coughlan TD, last month announced that Zeus, the US headquartered medical device company, is investing €10m in a 40,000sq ft expansion and creating 75 new manufacturing jobs over three years.
The expansion of its facility at the IDA Business and Technology Park, Letterkenny, Co Donegal is supported by IDA Ireland.
Zeus Industrial Products (Zeus), headquartered in Orangeburg, South Carolina, is a leading developer and manufacturer of precision polymer extrusions, including specialist fluropolymer tubing solutions, for a range of industries. Established in 1966, the company is privately held by the original founder Frank P Tourville and employs 1,200 people worldwide.
“The decision by Zeus to expand its operation in Letterkenny is testament to the availability of a highly-skilled workforce in the north west region, the performance of its existing staff and the ease of doing business in Ireland,” stated Coughlan at the announcement. “On behalf of the Government, I look forward to providing continued support to Zeus as its Irish operation grows and develops.”
Séamus Hughes, general manager of Zeus in Ireland, said: “Since establishing our operation in 2005, our experience of doing business in Ireland has been a positive one. Due to the growth in our customer base in Europe, we are expanding our operation in Letterkenny to meet the demand for our medical and industrial speciality tubing product. We are very excited about our expansion plans and I look forward to finding the right calibre of staff to ensure our continued success here.
“In addition, I would like to thank the executive management team of Zeus Inc for their continued support of the Irish operation and their confidence in the Irish employees. On behalf of the Irish employees, I am very proud to be part of a very progressive organisation.
“Finally, I would like to express our appreciation for the work and contribution made by IDA Ireland during this process and supported by the Irish Government.”
IDA Ireland CEO, Barry O’Leary also welcomed the announcement. “Zeus is an important manufacturer in the medical device industry in Ireland and offers a key sub supply role in a very specialised area,” he said.
“This expansion was won for Ireland in the face of stiff international competition from other global locations, proving that Ireland has an increasingly competitive and pro-business environment to offer investors with a strong manufacturing focus.”