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Lab investment creates '293 jobs' Lab investment creates '293 jobs'
(about 3 hours later)
Norbrook Laboratories in Newry has announced an £83m investment which could create almost 300 jobs.Norbrook Laboratories in Newry has announced an £83m investment which could create almost 300 jobs.
Norbrook specialises in veterinary pharmaceuticals - antibiotics for cats and dogs as well as drugs for cattle. Norbrook specialises in veterinary pharmaceuticals - especially for larger animals like cattle.
The investment could create up to 293 jobs, including high calibre research posts, the company said.The investment could create up to 293 jobs, including high calibre research posts, the company said.
It said it would allow it to develop a number of new veterinary products, allowing it to move further into the pet medicine market.It said it would allow it to develop a number of new veterinary products, allowing it to move further into the pet medicine market.
Invest NI has offered support of just over £3m towards the expansion.Invest NI has offered support of just over £3m towards the expansion.
Economy Minister Nigel Dodds said the company had an impressive record of growth.Economy Minister Nigel Dodds said the company had an impressive record of growth.
"An investment of this scale will deliver significant benefits, not just forthe company and for the pharmaceutical sector, but for the economy as a whole. "An investment of this scale will deliver significant benefits, not just for the company and for the pharmaceutical sector, but for the economy as a whole.
"It is particularly welcome in the context of the job losses that will happen in the second half of next year in Limavady (at Seagate).""It is particularly welcome in the context of the job losses that will happen in the second half of next year in Limavady (at Seagate)."
Norbrook has manufacturing facilities on four continents, and exports to more than 120 countries worldwide.Norbrook has manufacturing facilities on four continents, and exports to more than 120 countries worldwide.
Its production facilities in Ireland are housed on more than 100 acres of land employing more than 1,500 people.Its production facilities in Ireland are housed on more than 100 acres of land employing more than 1,500 people.