DePuy Synthes invests $60M in expanded manufacturing plant in Ireland: 4 things to know

DePuy Synthes opened a new $60 million expanded manufacturing facility in Ringaskiddy, Ireland, according to a report by The Irish Times.

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Here are four things to know:

 

1. Currently, the company employs 800 people at the new facility, and 80 more jobs will be added.

 

2. The 320,000-square-foot manufacturing plant primarily manufactures orthopedic knee and hip replacement devices.

 

3. The plant includes a laboratory to further quality testing methods.

 

4. DePuy Synthes is a major competitor in the global orthopedic device market. It holds nearly 50 percent of the market share in the motion preservation device market.

 

More articles on devices:
Former OtisMed CEO gets 2 years in prison in knee device scandal — 5 key notes
K2M CFO Gregory Cole sells 38k shares — 5 things to know
12 things to know about Wright Medical Technology

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