NEWS
Skillnet Innovation Exchange expands into the northwest region
Skillnet Innovation Exchange, the initiative that connects large businesses facing innovation challenges with SMEs that can fast track the solutions, has announced an expansion into the northwest region through its west regional partner, Platform94, as part of its continuing nationwide expansion.
Innovation Exchange to businesses in Donegal, Sligo and Leitrim. The partnership will offer ambitious and innovative SMEs the opportunity to get connected with large businesses looking to access digital transformation solutions. Dara Calleary TD, Minister of State for Trade
Promotion, Digital and Company Regulation, said: “I’m delighted to welcome Skillnet Innovation Exchange to Sligo, Donegal and Leitrim and very can now be easily accessed by SMEs in the northwest.”
The nationwide expansion of the programme
offers more SMEs access to a wide range of pipeline, upskilling and collaboration opportunities with large corporations. To date, the Innovation Exchange has facilitated the delivery of 50 innovation challenges to its SME member base.
Paul Healy, Skillnet Ireland chief executive, said: “This expansion into Sligo, Donegal and Leitrim will create vital opportunities for SMEs to widen their business horizons and engage with larger corporations on pressing innovation challenges. “Through this collaboration, large domestic and
access to innovative homegrown SMEs.”
for staff in its Northern Ireland operations as it continues to reduce costs. Earlier this year the company announced a round of redundancies in response to reduced global demand for its products. Terex is one of Northern Ireland’s largest
manufacturing employers with around 2,000 people employed in factories in Omagh, Dungannon, Ballymoney, Londonderry and Cookstown. It also has a business services centre in Lurgan.
The company makes crushing and screening equipment used in industries like construction, mining and recycling. In July it said an “extraordinary surge in demand” for its products in the aftermath of the
coronavirus pandemic had now “stabilised” and it needed to cut costs as a result. It added that it would also reduce overtime and
The broad construction equipment sector in the UK and EU has also come under pressure
from Chinese exports, partially prompted by reduced demand in the Chinese domestic market. Some manufacturers have accused Chinese
rivals of “dumping” – selling subsidised products at below cost.
Freudenberg expands its manufacturing facility in Ireland
Freudenberg Medical has opened its newly expanded facility in Carrick-on-Shannon, Co. Leitrim, Ireland.
The facility opening has created 250 new jobs with the global contract design and manufacturing partner for the medical device and biopharma industry.
Freudenberg Medical added 16,500sq ft to the
plant, bringing its total site footprint in Leitrim to 157,000sq ft. The newly announced jobs increase by 2026, the company said.
The expansion will help it meet accelerating global demand for its products and solutions. As part of the expansion, the company plans to enhance technologies to deliver next-generation catheter solutions for its global customer base.
4 November 2024 Irish Manufacturing The site produces advanced, intricate catheters
for companies specializing in electrophysiology, structural heart and peripheral vascular therapies. Dr Mark Ostwald, chief executive of Freudenberg Medical, called the expansion global growth and its Irish operations. “Ireland has established a world-renowned
reputation in the life sciences sector and holds strategic importance within Freudenberg Medical’s global network,” Dr Ostwald said. “With a 25-year history in the country, this
latest investment further enhances our world- class operations here.” The proven excellence of our local teams
which has in turn driven strong global demand. This success shaped our decision to invest in expanding our operations, allowing us to continue delivering innovative solutions to the medical device industry.” Freudenberg Medical currently employs over 1,000 people in Ireland. Last year, the company expanded its facility in Galway, adding 100 new jobs as well.
www.irish-manufacturing.com
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