Allergan to Close a Botox Manufacturing Plant in Ireland
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Allergan Inc., the maker of Botox, will close a plant in Ireland, eliminating 300 jobs, and transfer production to a factory in Costa Rica.
Ireland has lost about 10 percent of its manufacturing jobs over the last six years, as labor costs climb. As many of you may know, many US pharmaceutical and biotechnology companies set up production facilities in Ireland over the past 10 years or so because of its well trained workforce and lower labor costs. However, because the Irish economy has grown so quickly and its middle has prospered, labor costs have been rising and manufacturers are now looking elsewhere to control costs. Unfortunately, this is likely to be harbinger of things to come for markets that were once sources of cheap, skilled labor.
Until next time….
Good Luck and Good Job Hunting Lasses and Laddies!!!!!!!!
Sorry but your information is incorrect. Allergan are indeed closing a plant in Ireland with the loss of 360 jobs, but it is not a Botox manufacturing facility. The plant they are closing is a manufacturer of Breast Implants. Botox is manufactured in the Westport facility not the Arklow one which is affected.