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
Other manufacturing, and repair and installation of machinery and equipment
32.5 - Manufacture of medical and dental instruments and supplies
Number Employed: 1350
Group: Bausch Health

Employment Effects

Announcement Date: 13-11-2018
Type of Restructuring: Business expansion
Employment Effect Start: 13-11-2018
Foreseen End Date: 13-11-2022
Planned Job Creation: 100

Additional Information

Eye care product manufacturer Bausch & Lomb, has announced plans to create 100 new jobs at its site in county Waterford over the next four years. The expansion is part of a multi-million euro investment in the company’s operations in Ireland and in the USA. The Waterford site specialises on eye health and the silicone hydrogel contact lenses, which the company manufactures there, the site is expected to generate more than $1 billion (€885 million) of annualised revenue over the next five years.

As of November 2018, Bausch & Lomb employs 1,350 people in Ireland. Previous restructurings took place in 2015 (125 jobs created) and 2014 (200 jobs lost).

 

 

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