Edwards Lifesciences, a US-based company which produces medical equipment, has confirmed that it will be locating its new manufacturing facility in Limerick.
The company will employ 600 people over three years as part of its €80m investment.
The new 170,000 square feet plant will be located at the National Technology Park in Castletroy and is expected to be completed by 2021.
Around 60 people will be hired this year including production staff, engineering and management and will work at an initial site in the Shannon Free Zone.
Nathan Tenzer, Plant General Manager, Edwards Lifesciences, said: “The site we have selected to base our operations in Ireland was chosen for many reasons, but one main attraction for us was the wealth of experienced talent available with the skills we require in the medical technology sector.
“This plant is an integral part of our global supply strategy with locations in the United States and elsewhere, to support our future growth and reliability of supply as we serve patients worldwide.”