19/06/2013

Terumo BCT To Create 416 New Jobs In Larne

First Minister Rt. Hon Peter D Robinson MLA and deputy First Minister Martin McGuinness MLA announced today that Terumo BCT, a global medical device manufacturer, plans to create 416 new jobs in Larne.

Terumo BCT in Larne is headquartered in Lakewood, Colorado. Terumo BCT is a member of the Terumo Group family of companies owned by the Japanese-based Terumo Corporation. The new jobs are being supported with over £2 million of support from Invest NI through its Jobs Fund.

Terumo BCT is also investing over £2million in two R&D projects, the first research activities that will be undertaken at the Larne facility. Invest NI has offered almost £500,000 of R&D support, which includes part funding from the European Regional Development Fund (ERDF).

The First Minister said: "I welcome this announcement of over 400 new jobs by Terumo BCT which will deliver a much needed economic boost to the local area and over £6million annually in salaries. The Northern Ireland Executive has placed the growth of the economy at the top of its priorities and investment such as this helps us to meet that goal.

"Terumo BCT is recognised as one of the most innovative companies in the world and this impressive Larne facility is one of the most advanced of its type in Europe. I commend the commitment of local people to providing high quality standards at Terumo which impact on the health and wellbeing of people around the world and for this they should be very proud."

The deputy First Minister said: "The Larne facility has typically focused on manufacturing and is recognised internationally for its excellence and commitment to the most stringent industry standards. Today’s announcement will not only bring local employment but will result in the facility expanding its remit into research and development for the first time.

"As global leaders return home after G8, there can be no more fitting endorsement of the local investment proposition than an announcement such as this by a global leader in the healthcare sector."

(CD/MH)

Related Northern Ireland News Stories
Click here for the latest headlines.

19 November 2024
Seating Matters To Create 62 New Jobs In £3.7m Investment
Economy Minister Conor Murphy has announced a significant investment by Seating Matters, a leading global manufacturer of therapeutic seating solutions. The company will invest £3.7 million in its facilities in Limavady and Derry, creating 62 new jobs over the next two years.
14 November 2024
Alliance Warns Of Post Office Closure Impact On Vulnerable
Alliance Communities spokespeople Sian Mulholland MLA and Kellie Armstrong MLA have warned that the closure of local Crown Post Office branches could disproportionately affect the most vulnerable members of society.
25 November 2024
SDLP Seeks Views On Proposed Regional Jobs, Skills and Investment Bill
The SDLP has announced the launch of a public consultation of their proposed Regional Jobs, Skills and Investment Bill, describing it as an opportunity to rebalance the economy across the North. The consultation opened online today and will close on Sunday 16th February.
25 November 2024
Other News In Brief
DfC Launch Public Consultation On Gender Pay Gap A consultation on proposed changes to Section 19 of the Employment Act (Northern Ireland) relating to the requirements for employers to publish information on the pay of male and female employees has been launched by the Department for Communities.
18 September 2008
Larne Jobs Investment Announced
A £16 million investment by U.S. global medical device manufacturer CaridianBCT, Inc., will deliver a welcome boost to the local economy. Today's investment, announced by NI Economy Minister Arlene Foster, (pictured) is expected to create 235 additional skilled jobs over the next three years. Invest Northern Ireland has offered over £1.