Bausch & Lomb to invest €90m and create 130 jobs at Waterford plant
Contact lens manufacturer announces major new investment
Contact lens manufacturer announces major new investment
Despite popular belief, the majority of new jobs created by IDA-backed companies are outside of Dublin
Business Week: also in the news were vulture funds; property; Aryzta; and over 700 jobs
Production lines for new lenses will create 100 jobs over the next four years
Pharma giant’s Irish experience ‘fantastic’, says chief executive Brent Saunders
Bausch & Lomb opens €85m extension to bring total Waterford employment to 1,300
Ballot on 9.5% three-year deal wins 80% support from workers at contact lens plant
Siptu and management hammer out 9.5% pay rise as industrial action loomed
Trade union and contact lens group to focus on talks aiming to resolve pay dispute
Siptu workers seeking full return to pay and conditions in place before 2014 deal to prevent closure of business
Company counters Siptu plan for work stoppages and overtime ban with warning that jobs will be cuts
Announcement by Canadian pharmaceutical company drives its shares up by 13%
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Announcement comes less than a year after facility was on verge of closing
Contact lens maker is to invest €41m in its Waterford facility over the next 18 months
Eye-care company is currently in the process of implementing 200 job cuts
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Minister for Jobs Richard Bruton says company committed to investing in the Waterford plant
Proposal for Waterford plant must also be backed by almost 100 TEEU members
New offer sees pay cut of 7.5% rather than the 20% originally tabled
Contact lens-maker has “modified” its starting position which sought almost 200 redundancies
Canadian-based company said Allergan’s refusal to enter talks left it with no option but to go hostile
Democratic senator Charles Schumer called for jobs to be moved to New York
Siptu hopes to reduce numbers affected by management’s 200-job redundancy plan
Contact lens maker wants 20 per cent pay cut on top of 200 redundancies
Waterford workers appear to have little leverage in battle to soften swingeing cuts
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Multinational has threatened to close Waterford plant if cost-saving measures are not accepted
Minister says department had been working to secure some jobs at company for a while
Scale of cuts savage despite a certain expectation of bad news
TDs complains of little action to generate new employment opportunities
Contact lens maker also seeking 20% pay cuts to bring subsidary in line with other divisions
Disappointed Valeant expected to raise cash and stock offer to drive through merger of companies with significant overlap of shareholders
Canadian pharma firm teams up with Wall Street hedge fund mogul to mount hostile takeover of Allergan
Cluster of recent deals could each have an impact on Irish drug sector
Deal will vault Canadian company into upper ranks of global pharmaceutical sector
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