ELECTRIC.IE • The Magazine & Website for the Irish Electrical Industry • 51 Industry News Aerogen to create 725 new jobs in Galway and Shannon Enterprise Ireland Irish medtech client company Aerogen today announces details of a €300 million transformational scaling and investment plan, which will result in the creation of 725 new jobs in Ireland over the next 10 years. Aerogen is Ireland’s largest indigenous medtech company and Enterprise Ireland’s largest client company in the sector having firmly established itself as the world leader in acute care aerosol drug delivery. This announcement was made in conjunction with Enterprise Ireland’s End of Year Results for 2024, which confirms that total employment at companies supported by the agency increased to a record 234,454 last year, with 15,741 new jobs created. 64% of the new jobs created in these client companies Part of €300 million expansion, supported by Enterprise Ireland. were located outside the Dublin region with all nine regions recording jobs growth. Minister for Enterprise, Trade and Employment Peter Burke was on site in Galway to preside over Aerogen’s growth announcement and deliver Enterprise Ireland’s results. “The government through Enterprise Ireland is targeting ambitious scaling of Irish multinationals that will help drive the Irish economy and our competitive advantage forward. Aerogen’s announcement today is evidence of that Irish multinational ambition in action, and we are delighted to support them on their patientfocused mission. " Commenting on the positive employment growth figures recorded by companies supported by Enterprise Ireland, Minister Midland Steel opens fully automated SMART steel fabrication facility Midland Steel, Ireland’s leading steel reinforcement company, is proud to announce the official opening of its fully automated SMART steel fabrication facility in Portlaoise by Minister for Enterprise, Tourism & Employment, Peter Burke T.D. This €16 million state of the art facility will create 62 jobs over the next three years. The job creation includes topquality engineering positions, robotic technicians, estimators, BIM modellers, mechanical and electrical technicians, and steel fixers all functioning in a fully automated environment. The Midland Steel manufacturing facility is the first of its kind in Ireland. The SMART facility represents a major investment in full automation of the rebar cutting and bending process, providing off-site manufacturing of a finished product ready for concrete placement. The €16 million investment highlights Midland Steel’s commitment to modern methods of construction (MMC), showcasing their innovative modular rebar technology solution, FasterFix, that is transforming the construction industry, not only in Ireland but also internationally. Unique in its approach, Midland Steel’s FasterFix technology offers a modern method of construction (MMC) for both housing foundations and concrete substructure and superstructure units. This cutting-edge solution enables developers to achieve a remarkable 75% reduction in total build time, requiring 80% less onsite labour and providing 30% reduction in prelim costs for clients to set new standards for efficiency and productivity in the industry. The new facility at Portlaoise represents a significant milestone for Midland Steel, reinforcing its position as a pioneer in construction innovation. Traditional manual steel fixing operations, involving loose bar cutting and bending to steel fixing on-site, have now been replaced with pre-assembled FasterFix modules, designed and detailed by Midland Steel. This approach brings to industry the leanest, greenest, and most sustainable solutions from this facility, with substantial improvements in health and safety. Burke said, “It is hugely positive to see Enterprise Ireland supported companies recording job growth for the fourth year in a row. 2024 was a challenging year for some sectors of exporting Irish businesses with high interest rates and international instability impacting business performance, so to record significant employment growth is even more impressive. Today’s announcement that Aerogen will implement an ambitious scaling plan, creating high quality jobs here in the west of Ireland is very welcome and demonstrates the continued success of Irish companies’ performance in export markets. The government stands firm in our commitment to Irish companies competing and growing on a global scale.”
RkJQdWJsaXNoZXIy Mzk5MjA=