EMCC European Monitoring Centre on Change

Bausch & Lomb

Company/Organisation:
Bausch & Lomb

Geographic Location

Country: Ireland
Region: South-East (IRL); Southern and Eastern
Location of affected unit(s): Waterford

Company

Sector: Manufacturing
Manufacture of pharmaceuticals, medicinal chemical and botanical products
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
Number Employed: 1500

Employment Effects

Announcement Date: 21-07-2021
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2022
Foreseen End Date: 31-12-2023
Planned Job Creation: 130

Additional Information

Healthcare manufacturing company Bausch & Lomb is to create 130 new jobs at its plant in Waterford. Recruitment for the new jobs will begin in 2022 and the new production lines are expected to come on stream in 2023 when the 130 additional jobs will come on stream. During the construction phase of the expansion, about 150 workers are expected to be hired.

This is the third major expansion of the Waterford plant in recent years. The new investment will increase capacity for the manufacture of the company's range of contact lenses. Currently, 1,500 people are employed at the Waterford plant.

 Previous restructurings took place in 2018 (100 jobs created), 2015 (125 jobs created) and 2014 (200 jobs lost).

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