Sligo, Ireland — GW Plastics, one of the Upper Valley’s biggest manufacturers, is expanding — in Ireland.
The Bethel and Royalton company, which specializes in injection mold and contract manufacturing for the medical device and safety equipment markets, will invest $6.8 million to build out a 28,000-square-foot facility in Sligo, Ireland, where it acquired an Irish precision mold maker a couple years ago.
GW Plastics unveiled the plans at a news conference in Sligo, Ireland, which was attended by Ireland’s prime minister, Leo Varadkar, along with GW Plastics Chief Executive Brenan Riehl and Thomas Johansen, GW’s executive vice president and chief financial officer.
GW Plastics said the Ireland plant expansion is being driven by “increased customer demand in its medical device and drug delivery business.” The project is receiving support from the Irish government through IDA Ireland, which attracts foreign investment in Irish companies.
Riehl, via email, declined to detail specifics about the Irish government’s support other than to note that IDA Ireland is making available a new building to GW at an “attractive lease rate arrangement” in addition to providing “employment-based grant funding for capital equipment.”
In 2017, GW Plastics bought Avenue Mould Solutions, based in Sligo, saying the acquisition brought it “an experienced and highly skilled advanced manufacturing workforce” and company with “a growing medical device contract manufacturing business.” A few months later, GW Plastics bought NeraTek Ltd., which develops prototype designs for medical device and pharmaceutical companies, and merged it into Avenue Mould Solutions…
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