Comar has announced multi-million euro expansion plans for its Ireland-based affiliate – Automatic Plastics Limited (APL) located in Tinahely, Co. Wicklow.
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The initiative is expected to result in the creation of approximately 80 new jobs over the next three years. The project is supported by the Irish Government through IDA Ireland.
Tánaiste and minister for enterprise, trade and employment Leo Varadkar TD said: “This is a really important announcement from Automatic Plastics Limited and Comar in Tinahely and adds significantly to employment opportunities in this part of Wicklow. The multi-million euro expansion will add 80 jobs, almost doubling their existing workforce of 130. It’s a welcome addition to Government plans to ensure jobs growth in every region of Ireland.
“For 50 years APL has provided sustainable and bespoke injection moulding of the highest standard to its clients. The company’s recent acquisition by Comar shows just how important Ireland's EU membership is for overseas investment. I congratulate APL and wish the company every success with its future endeavours.”
Established in 1972, Automatic Plastics Ltd. (APL), specialises in custom injection moulding for pharma and medtech. With a focus on Operational Excellence and sustainable manufacturing APL has provided excellence in manufacturing to the leading pharma and medtech companies located in Ireland and overseas. The recent focus on automation and bespoke solutions for clients requiring complex assembly has led to the continued expansion of the business and motivated the rationale for further expansion.
Earlier this year, APL was acquired by Comar, a US-based designer and manufacturer of plastic packaging, dispensing, diagnostic, and medical device component solutions. Comar is backed by investment funds managed by Morgan Stanley Capital Partners. The acquisition provides Comar with a European facility to serve their global clients.
Al Lawless, managing director said: “APL, founded in 1972 by Al Lawless Senior, has a proud legacy of 50 years in the community. Our wonderful workforce and local talent have driven the company to achieve incredible success. Being part of Comar facilitates this exciting new chapter for our expansion and further growth.”
Brian Larkin, CEO Comar added: “By collaborating closely with IDA Ireland, APL’s growth is expected transform our European capabilities while demonstrating a lasting commitment to the people and communities that enabled APL to be successful for five decades. We believe that APL has superb quality, best-in-class manufacturing, and a spectacular management team. The planned expansion of their site is expected to support the incredible growth of our current and future multinational pharma and medtech clients and accelerate our participation in the European healthcare markets.”