A Hong Kong-listed company is to create 200 new jobs in Co Louth.
WuXi Vaccines is planning to build a vaccine production facility on a newly-established WuXi Biologics Campus in Dundalk.
The jobs will be created in the town over the next five years.
It's being supported by the Government through IDA Ireland, and will bring total employment on the campus to 600 by 2024.
Earlier this week I had the pleasure of visiting with WuXi Biologics in Shanghai. This morning WuXi Vaccines have announced an investment of $240m and a further 200 jobs into the WuXi Biologics campus in Dundalk, Ireland. 🇮🇪 🇨🇳 pic.twitter.com/PH3AnBlOIW
— Martin D Shanahan (@MartinDShanahan) November 22, 2019
Business Minister Heather Humphreys said: "I am delighted to announce 200 highly-skilled jobs in WuXi Vaccines, which is in addition to the 400 roles announced last year by WuXi Biologics for Dundalk.
"Without a doubt, this is a great win for the north-east and a huge vote of confidence in the local workforce."
WuXi Vaccines is a joint venture between WuXi Biologics and Hile Bio-pharmaceutical.
The company entered into the strategic partnership, under which WuXi Vaccines will build a facility to supply a commercial product for the global market.