Medtech firm to create 100 jobs in Ballinasloe

US life sciences technologies company Surmodics is to create 100 new jobs in Ballinasloe, Co. Galway. The move follows the company's acquisition of Creagh Medical in November 2015.

Surmodics, which operates in medical devices and in vitro diagnostics, plans to develop the Ballinasloe operations by investing more than € 7 million in facility development, including the recently acquired building, and creating 100 new jobs above the current base of 32 over the next five years. The company will invest a further € 9.5 million in two significant research and development (R&D) projects in its new Galway facility.

The company will continue to be located in Creagh Medical's existing 30,000 sq. ft. facility in Ballinasloe. Tom Greaney, former chief executive of Creagh Medical and has joined Surmodics as vice president of global operations and general manager of the Ballinasloe operation.

"Surmodics is proud of our talented team of employees and our new state-of-the-art facility for medical device R&D and manufacturing in Ballinasloe," said Gary R. Maharaj, president and chief executive officer of Surmodics. "We are pleased to have established a presence in a location where we can hire and develop highly skilled medtech personnel as we continue to invest in our vision of developing highly differentiated product solutions. We value and appreciate the support we have received from IDA Ireland for those developments."