FDI of the Month

FDI of the Month December 2021: Amgen invests $100 million in Dun Laoghaire

By Business & Finance
04 January 2022

Amgen has announced an investment of $100 million for the construction of new infrastructure at its manufacturing plant in Dun Laoghaire, Co Dublin. Amgen is an American biopharmaceutical company headquartered in California. This investment is one of Amgen’s largest construction projects outside of North America and is expected to create 150 jobs.

Construction has already begun on a new vial filling line and the new infrastructure is expected to be fully-operational by 2024. The Dun Laoghaire Amgen plant is celebrating its tenth anniversary this year and currently employs 670 staff. The company’s Irish site specialises in formulation, aseptic drug product filling, lyophilisation, packaging, and analytical testing using on-site laboratories.

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD said: “This is fantastic news and a real testament to the 670 staff Amgen currently employs in Dun Laoghaire. This $100m investment will bring the company’s total investment in the Dublin plant to $900m. Amgen is one of the world’s leading biotechnology companies, and this investment underscores Ireland’s position as a leading global location for the sector.  The announcement coincides with the company’s 10 year anniversary in Dun Laoghaire and I wish all the team the very best in their next chapter.”

We have now invested $900m to expand and update our production facilities and to bring in new products and capabilities.

Speaking about the announcement, Paul Greene, Vice President for Regional Manufacturing said: “At Amgen, we pride ourselves on delivering for ‘Every Patient, Every Time’ and the investment we are announcing today will enable us to serve more patients here in Ireland and all over the world.  Since we acquired the manufacturing plant in Dun Laoghaire, we have now invested $900m to expand and update our production facilities and to bring in new products and capabilities. This investment is a testament to our commitment to our local community and our highly skilled workforce.”

Martin Shanahan, CEO of IDA Ireland said: “I’d like to congratulate Amgen on its 10 year anniversary in Dun Laoghaire which is being marked by a significant investment in its manufacturing facility.  This investment illustrates Amgen’s ongoing and welcome commitment to Ireland and is a further endorsement by a global leader in Ireland’s biopharmaceutical ecosystem.”