GE investing $40M in Ireland plant and will add 140 jobs

GE Healthcare ($GE), which has been on an expansion binge, intends to double its manufacturing capacity for medical imaging contrast media at its plant in Carrigtwohill, Cork, Ireland, with a $40 million expansion. The company, which is getting some help for the project from the Ireland Development Authority, said it intends to add 140 employees to its current workforce of 500 when the expansion is complete. GE last year spent about $1 billion to get three businesses from Thermo Fisher Scientific ($TMO), including its HyClone cell culture media and sera manufacturing operations. Release | More