There's a major jobs boost for Sligo, as Phibro Animal Health Corporation has announced plans to establish a biotech facility at the IDA Finisklin Business Park in Sligo town, creating up to 150 jobs over the next 5 years.
Phibro develops and manufactures a broad line of animal health and nutrition products for poultry, swine, cattle, dairy and aquaculture customers around the world.
The company has its headquarters in New Jersey in the United States, and the Sligo plant will be their first biologicals manufacturing location in Europe.
The new Sligo facility will initially focus on producing Phibro's line of vaccines for treating a range of poultry diseases, which will be sold globally, while in the future, the company expects to expand production to include vaccines for livestock and aquaculture.
Announcing the new jobs in Sligo today, the Minister for Agriculture Michael Creed said the significant investment by Phibro is a great vote of confidence in Sligo, and will significantly benefit the local economy.