Regeneron announces €200 million expansion in Limerick
30 January, 2019
HUNDREDS of new jobs are coming to Limerick city, as biotech giant Regeneron is planning to pump an extra €200m into its operations in Raheen.
Regeneron, which employs 1,200 staff in Limerick, is looking to expand its site by 240,000 square feet, more than half its current 400,000 square foot complex.
So far, Regeneron has spent more than €1bn on its Limerick site over the past five years. And according to Niall O’Leary, of Regeneron Ireland, they “have not finished spending”.
According to a report in the Sunday Business Post, Regeneron also plans to construct a building with “state-of-the-art facilities for research and development”, as well as an 800-space, multi-storey car park.
Read the full story in the Limerick Leader HERE