Jobs boost: Regeneron's facility in Limerick
THE positive impact of Regeneron on Limerick's economy continues apace this Thursday with the opening of a 100,000-square foot logistics facility beside the plant.
In a move which could bring up to 40 new roles to the city, Exertis Supply Chain Solutions is opening the facility to serve Regeneron’s pharmaceutical plant in Raheen.
Jobs Minister Mary Mitchell O’Connor will cut the ribbon at the multi-million euro facility in one of her first engagements since being elevated to cabinet.
While the project has already generated 20 full and temporary jobs so far, company sources have indicated this number will grow.
And it will also allow for continued job creation at Regeneron – which is ramping up to 500 staff at the old Dell factory – and elsewhere.
A spokesperson for Exertis said the project is “expected to help generate significant future employment as local businesses capture value from the activities of foreign direct investment”.
Exertis has sunk €2m into refitting the site to operate as a controlled logistics facility.
It will safely handle, store and distribute over 4,000 pallets of temperature and humidity sensitive bio-pharmaceutical materials.
It will also service the largest biopharmaeutical production facility in Europe in the shape of Regeneron.
Ms Mitchell O’Connor said: “The operations of Exertis Supply Chain Services will add significant knock on benefits to the region. This is great news for Limerick and the Mid-West, and is also a great example of the strong links which exist between indigenous Irish companies and global multi-national companies based here. From a state support perspective, it demonstrates the effectiveness of IDA and Enterprise Ireland collaboration and co-operation.”
Exertis is within the technology division of sales, marketing, distribution and business support services group DCC. It has operations in Britain, France, Sweden, Germany, the Netherlands, Belgium, Dubai, Spain, China, Poland and the USA.
Headquartered in Dublin, and with annual revenues of €3.3bn, it employs over 2,000 people.
Ms Mitchell-O’Connor’s visit to Limerick is the first by a member of the new Fine Gael-led minority government.
She started the day by addressing the local business community at a breakfast event in Thomond Park.