Pat the Cope Gallagher MEP says the decision by Randox Teo to purchase the Dungloe plant which the company has leased since 2008, is a vote of confidence in its local operation.
Randox yesterday announced details of a 1m euro investment which involves the purchase of the Dungloe facility from Údarás na Gaeltachta. The company expects the investment to lead to further job opportunities locally.
The news has also been welcomed by the Minister of State at the Department of Arts, Heritage and the Gaeltacht, Dinny Mc Ginley TD, who met the company’s CEO Peter Fitzgerald in Dungloe yesterday.
Randox Teo currently employs 20 people at this facility and the company expects this number to increase substantially in the next 12 months.
Peter Fitzgerald, CEO of Randox Teo said “We are delighted with our facility here in Dungloe. We expect, as we ramp up our manufacturing and R&D departments, that we will substantially increase our levels of employees.”
Randox Laboratories manufactures a range of products that are used in over 145 countries worldwide by hospitals, research and forensic laboratories, pharmaceutical companies, sports testing authorities and veterinary clinics.
The Randox facility in Dungloe currently supplies the company’s clinical analyser product and houses one of the company’s main R&D laboratories.
Randox Teo will begin to manufacture biochips in the in the next few months and is awaiting the arrival of specially constructed manufacturing line for this purpose. These revolutionary biochips will be used in hospitals worldwide to aid in the diagnosis of disease conditions. Randox were the first company in the world to produce an automated protein biochip, used for multi-analyte testing. The biochips allow clinicians and researchers to screen for multiple conditions in a single patient blood sample.
Pat the Cope Gallagher commended Údarás na Gaeltachta on what he said was its strategic work in finding such a high quality project. “The creation of further jobs will bring significant economic and social benefits to Dungloe, the Rosses and West Donegal,” he said.