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Two new firms to occupy former Molex plant in Shannon
Updated / Tuesday, 2 Feb 2021
16:26
Mid West Correspondent
The former Molex plant in the Shannon industrial estate, which finally closed last Friday after 49 years of business, is expected to be fully occupied by two new companies by the middle of this year.
The Irish medical devices and technology company Aerogen, which is based in Galway, has agreed to occupy half of the industrial building and have 35 employees on site.
The company, which employs 200 people in Galway, manufactures acute care aerosols for respiratory patients across the world. It had been one of Molex s own clients, and is expected to bring another 80 employees onto the site by the end of this month.
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2nd February 2021
At least 150 new jobs are expected to come on stream in Shannon this year.
UMR Group, which has revitalised the former Molex and Avara sites in Shannon, says three companies are to move in there over the coming months.
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UMR Group, a Mid-West based specialist company in site revitalisation and metals recycling, says it is in advanced discussions with three companies, with a view to taking over the lease for the two Shannon sites.
Aerogen, a major indigenous med-tech company has been announced as the first tenant at the 125,000 squre foot former Molex facility, which has committed to creating 90 jobs.