A joint venture between Cambus Medical and Freudenberg Medical Europe will create 40 jobs with the expansion of its site in An Spidéal, Co Galway.
The Board of Údarás na Gaeltachta has approved a support package for the medical device venture Cambus Medical/Freudenberg Medical Europe to undertake a significant expansion of the company’s facilities in An Spidéal, Co Galway.
The €1.9m support package will see the site expand by 1,700 sq metres for additional production, manufacturing and administration space, creating more than 40 jobs. The funding for this project, part of a national construction scheme, has been made available under the Government’s Covid-19 Jobs Stimulus Package earlier this year.
The company said the new facility and funding will help overcome previous capacity limitations, develop new manufacturing capabilities, and explore new business opportunities.
The site currently employs more than 135 people which manufactures tubing and micro components for the medical device sector. Founded in 2006 by Barry Comerford and John Farragher, Cambus Medical entered into a strategic partnership with Freudenberg Medical Europe – another manufacturer of medical devices – in 2012.
Since the joint venture was established, the company has focused on new business developments such as coating, micro-component manufacturing, specialty needles and insert mouldings to enhance its ‘hypotubing’ products.
“Cambus Medical/Freudenberg Medical in An Spidéal has provided significant employment over the years and has also been a valuable partner in local educational events and programmes,” said Mícheál Ó hÉanaigh, CEO of Údarás na Gaeltachta.
“We look forward to supporting Barry Comerford, Dr Mark Ostwald and their colleagues as they continue to develop this innovative world class global company.”
Cambus Medical currently operates in more than 60 countries and is currently focusing on markets and international growth opportunities in Asia and South America.
Also commenting on the announcement, Anna Ní Ghallachair, chair of the board of Údarás na Gaeltachta, said: “We are greatly encouraged by the close partnerships we have developed with our client companies and the unprecedented progress that the medical devices sector has achieved in the Gaeltacht in recent years.”
Original article can be found at https://www.siliconrepublic.com/jobs/cambus-medical-freudenberg-medical-jobs-an-spideal-galway.