Technimark expands Ireland facility

Technimark, a global manufacturing expert for the medical market, has announced that it has expanded its operations in Longford, Ireland, with a 50,000-square-foot addition, doubling the size of its existing plant.

Technimark will be investing €26 million to expand the facility's capacity in medical manufacturing, including precision injection moulding, value-added assembly, finished device assembly and contract manufacturing.

"A key component in our organic growth strategy is ensuring we have state-of-the-art cleanroom facilities and open capacity to support our customers' current and future manufacturing needs," said Kris Peavy, chief commercial officer and president of healthcare. “Our many expansions around the globe underpin that strategy.”

In addition to Ireland’s expansion, Technimark recently acquired a 204,000-square-foot medical facility adjacent to its U.S. headquarters and has major expansions underway at facilities in the United Kingdom, Germany and China to support growth in the medical market.

According to Peavy, the company currently serves customers worldwide from 13 manufacturing facilities across North America, Europe and Asia. "We've seen tremendous growth in our medical business globally, and our robust pipeline of new contracts from our strategic customers and prospects is driving the need for expansions," Peavy said.

“Technimark is committed to growing our business in Ireland and we are extremely excited to have this new space available for our global medical customer base," said Brad Wellington, chief executive officer. “Ireland is seeing pronounced growth in the MedTech market, and our facility is ideally located to serve our customers in the region.”