THE Mayor of the City and County of Limerick Cllr Michael Collins has welcomed the announcement that Regeneron is to create 400 jobs at its base in Raheen in Limerick.
Mayor Collins said: “Regeneron’s decision to invest in Limerick is yet another vote of confidence in the employees already working for the company and for the Limerick city region as a whole.
“Since Regeneron opened its Industrial Operations and Product Supply (IOPS) facility in Raheen in 2015, the company has been continuously growing with additional capacity being built and now has a highly-skilled workforce of 1,000. This will be strengthened now with today’s announcement.
“Today’s announcement is a huge commitment by Regeneron in Limerick and will be a massive boost to the economy as we begin to work our way through the impact of Covid-19.”
“Indeed, Regeneron is at the forefront in working to find a vaccine for Covid-19 and Limerick will play its part in the process.
Vincent Murray, Director of Economic Development, Limerick City and County Council added: “This investment by Regeneron is testament to the hard work and commitment of staff in Limerick since the operations got underway in 2015.
“The growth of Regeneron in Limerick highlights the potential that FDI companies have when they locate here.
“We have the edge over other regions as we embrace collaboration and work together as a unit to make Limerick a more attractive place for businesses to invest.
“The announcement showcases how Limerick can work together to make the region more attractive for foreign direct investment.”