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UL Spin Out Firm Creates 200 Jobs In North Tipperary

Business & Finance - Technology

Monday, 22 March 2010 16:12
Written by Mark Dunphy
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A spin-out company from the University of Limerick has announced plans to create 200 jobs in North Tipperary.

HKPB Scientific is to open a new facility on the site of the former Aventis plant in Nenagh's Lisbunny Industrial Estate over a five year period.  The biotech firm has strategic links with the University of Limerick, Institute of Technology Tralee and the Royal College of Surgeons in Dublin.

Munster MEP Alan Kelly commented: "These jobs will bring money into the community and will have a very positive effect for all businesses in the town and the local area. It’s a massive boost for Nenagh and it comes at a time when good news is in short supply. Nenagh offers unrivalled potential for companies and it baffles me how the Government can allow facilities such as Lisbunny lie idol and fall into disrepair, when there are innovation led, high-potential businesses such as HKPB looking for a base."

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