By Martin Burns
Bausch + Lomb is midway through a $100 million (£61.4 million) investment at its Irish plant, it was announced today.
The contact lens manufacturer is expanding its plant in Co Waterford on Ireland's southern coast, in a move which will result in 100 construction jobs over the development period.
IDA Ireland, the country's agency tasked with attracting international businesses, is supporting the investment and said Bausch + Lomb's decision to deepen its commitment to its Waterford plant is a "significant vote of confidence in Ireland's international reputation".
"On behalf of IDA I look forward to working with Bausch + Lomb as the company further develops in Ireland," said Barry O’Leary, chief executive officer of the development agency.
The news comes just days after it was announced that Bausch + Lomb and Technolas Perfect Vision GmbH (TPV) have developed the first femtosecond laser which is capable of performing both refractive and cataract procedures through a single platform.
by Adrian Galbreth