US firm West Pharmaceutical Services is creating 60 new jobs in Dublin as it establishes a new global finance shared service model here.
The company said the new centre in Dublin includes various accounting and finance activities and will create greater scale and value for West's global business.
West now employs over 1,000 people across Ireland, including at its manufacturing facilities in Waterford and Dublin.
The company produces solutions for injectable drug administration.
News of the expansion follows the company's scaling up of its Waterford plant's working schedules late last year in response to a big surge in customer demand as a result of the Covid-19 pandemic.
The Waterford plant is now supplying millions of rubber vial stoppers to a dozen global customers to package vaccine doses as part of the Covid-19 vaccine programme.
The plant doubled its workforce to meet this new demand over the past year.
Bernard J Birkett, West's Senior Vice President and Chief Financial Officer, said the new finance service centre in Dublin will ultimately support the company's overall mission to improve patient lives.
"This new finance support model enables our overall business strategy of responding and transforming to meet the changing needs of the market to deliver high quality components and service to our customers that will ultimately improve more patient lives - and that's what matters most," he said.
Tanaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said the pharma industry continues to grow from strength to strength and companies like West are an important part of that story.
"The company employs over 1,000 people here and this new Global Finance Centre is a further testament to our attractive business environment, robust regulatory framework and skilled labour force," Mr Varadkar said.
"Adding a new finance function to the existing manufacturing activity in Dublin and Waterford illustrates the confidence West has in Ireland to deliver on its global business needs," IDA Ireland's chief executive Martin Shanahan said.
"I wish West every success with the new global finance centre and acknowledge the company's significant and ongoing response to the Covid-19 pandemic at its manufacturing facility in Waterford," he added.
