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Shannon to get jobs boost with €50m investment by Zimmer Holdings | Print |  Email
Wednesday, 06 February 2008

A US manufacturer of medical devices is to make a €50m investment in Shannon, which will create 250 new jobs over the next five years. Zimmer Holdings Incorporated, based in Indiana, is a market leader in the manufacture and design of orthopaedic knee and hip products. Posting sales of $3.89bn in 2007, the company has operations in more than 24 countries and employs more than 7,000 people worldwide. The project was secured through negotiation with IDA Ireland and Shannon Development. Zimmer Holdings Inc is to avail of the lower Irish tax regime by establishing a new medical technology facility at the Shannon Free Zone.

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