COUNTY Limerick medical device manufacturer Croom Medical plans to create 80 jobs in a new €12 million facility to produce orthopaedic medical implants for multinational companies.
The company has also announced plans to develop a further manufacturing facility in the area which is expected to open in 2023. As well as the 80 jobs announced for the new facility, Croom Medical said it expects to create more jobs next year.
The company employed 45 people just a year ago, but is on target to increase that to 170 by the end of this year as it scales up its operations in response to rapidly growing demand.
The company is located close to a hub of global medical device manufacturers who have significant operations located in the South and West of Ireland.
It has longstanding relationships with a number of these international players including several household names in the MedTech sector.
Croom Medical was set up by Paddy Byrnes in 1984 and focuses on the machining and handling of precious metals for use in a sterile environment. The company is now led by his son Patrick Byrnes who joined in 2018.
In 2020, growth capital investor BGF announced a multi-million investment for a minority position in the company in which Enterprise Ireland is also a shareholder.
At the time of the BGF investment, Michael Maher, the former Chief Operating Officer of Glen Dimplex, was appointed as Non-Executive Chairman. He was a co-investor alongside BGF in that year’s capital raise.
Chief executive Patrick Byrnes said the company has experienced rapid growth on the back of significant investment in research, development and innovation in medical device manufacturing technologies over the past four years.
“Our state of the art facility hosts some of the most advanced manufacturing technologies in Ireland. We have made a number of strategic investments in Additive Manufacturing (3D Printing), Advanced Machining Centers and Automation.
“Our team is looking forward to increasing our footprint to facilitate 80 new high value roles in order to meet customer demand on a global level,” he added.