FDI of the Month

FDI of the Month May 2023: Boston Scientific announces investment of €80 million in Clonmel

By Business & Finance
13 June 2023

Boston Scientific is a US medical technology company that has announced an investment of €80 million and 400 new jobs in its operating site in Clonmel, County Tipperary.  It is our FDI of the Month, May 2023. 

Boston Scientific is due to create over 400 new jobs in Clonmel, County Tipperary in the coming years. The company has announced an €80 million investment in its Clonmel campus. The investment which is supported by the Irish government will increase office and manufacturing space and will help transition the site to source over 90% of its energy needs from renewable sources.

Conor Russell, Vice-President of Operations, Boston Scientific said, “Our growth in the region has been possible thanks to our talented workforce here in Clonmel. Our team has worked to build strong manufacturing and R&D capabilities and also a high-performing and inclusive culture that we are proud to continue to foster as an employer of choice.”

Taoiseach Leo Varadkar commented on the news: “Boston Scientific has been steadily growing its footprint in Ireland for the past quarter century. Ireland is a global leader in the life sciences sector, and the decision by the company to invest again in Clonmel shows real confidence in the talent and infrastructure available.”

Boston Scientific is dedicated to transforming lives through innovative solutions that improve the health of patients around the world. The company has 45, 000 employees worldwide and over 16,000 products that reach up to 33 million patients each year. They are represented across the world in 130 countries.

FDI of the Month

Business & Finance recognises excellence in foreign direct investment companies operating out of Ireland through the ‘FDI of the Month’ award. The FDI of the Month award recognises the company which best demonstrates longstanding commitment to Ireland, investment in facilities and R&D, and job creation, as well as business leadership on a global scale.

Recipients of the award are automatically put forward as candidates for the prestigious FDI of the Year award at the annual Business & Finance Awards.

See here for more information on the 2023 Business & Finance Awards. To get involved, please contact 

Read more:

FDI of the Month April 2023: Workday

FDI of the Month March 2023: JPMorgan

FDI of the Month February 2023: Siemens Healthineers

FDI of the Month January 2023: Fidelity Investments