Clare T.D and Chairman of the Joint Oireachtas Committee on Foreign Affairs and Trade Deputy Pat Breen has welcomed the news that Reagecon is to create 40 new jobs and target annual export revenues of €50 million by 2020.
Commenting on the announcement, Deputy Breen said that “This is very good news and a vote of confidence in the Shannon Region. Reagecon was founded in Shannon in 1990 from where the company develops, manufactures and exports physical and chemical standard and reagents to global laboratories.”
“The positions being filled are for chemists which are highly skilled roles. 15 of these positions have already being filled with another 25 coming on stream. The Company already employs 86 people at its Shannon facility have of which are scientists and they have invested significantly in R&D over the past number of years, which has culminated in today’s announcement.
It is great to see this innovative Shannon based Company doing so well. I would like to congratulate John and Brigid Barron and I wish them every success going forward.
Today’s announcement shows the attractiveness of the Shannon Region and the importance of having an International Airport on our doorstep to facilitate exporters based here. It also confirms the importance of redeveloping the Shannon Free Zone to have available high quality advance buildings in order that we can become a vibrant start up location for new companies and that we can build on the success of Companies like Reagecon who are already operating from here.
125,000 new jobs have been created since this Government launched our Action Plan for Jobs in 2012 with 1,300 jobs a week being created in the first six months of this year alone.
Jobs recovery is clearly now accelerating across all regions and today’s announcement confirms that this Region is quite clearly experiencing job growth. We need to continue building upon the gains we are now making and secure the recovery and it is the primary goal of this Government that all of the jobs lost under the last Fianna Fáil government will be replaced – and this time with sustainable, lasting jobs.