Integer Holdings announced the completion of its facility expansions in Ireland. The occasion was marked with the official opening of Integer’s new European medical device innovation and manufacturing center in Galway, Ireland, on Sept. 20. This announcement followed the official opening of an 80,000 sq. ft. expansion of Integer’s guidewire manufacturing facility in New Ross, County Wexford, Ireland, earlier this month. Combined with the acquisition of Aran Biomedical in Spiddal, Ireland, in 2022, these substantial investments reinforce Integer’s commitment to the Ireland medical device cluster where Integer has had a presence since 1994. In addition, these investments help to ensure Integer’s continued ability to serve its customers both locally and globally, as well as expand capacity to meet increasing customer demand for guidewires, catheters, medical textiles and delivery systems in the years to come. Integer’s new $30 million, 67,000 sq. ft. facility in the Parkmore East area of Galway will support increasing demand for regional research, development, and manufacturing as well as additional capacity for catheters, medical textiles, and delivery systems. The significant manufacturing space in the same facility allows a seamless transition of new products from development to manufacturing, further enabling Integer’s ability to help customers bring products to market faster. While this initial phase of development satisfies immediate needs, the company has obtained planning permission for a total of 147,000 sq. ft. of space at the Parkmore East location and, subject to planning permission, has enough space to grow that facility’s manufacturing footprint to 300,000 sq. ft. In addition to the new facility in Galway, Integer has completed a $60 million capital investment in its facility in New Ross, County Wexford. This investment increases manufacturing capacity at the New Ross site by more than 70%, adding 80,000 sq. ft. to the current facility, bringing the total square footage to 215,000, and includes new state-of-the-art manufacturing equipment to support customers’ long-term growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ITGR: