Comar has announced multi-million euro expansion plans for its Ireland-based affiliate - Automatic Plastics Limited (APL) in Tinahely, Co Wicklow.

The new expansion plans will see the creation of about 80 new jobs over the next three years, adding to the 130 workforce already employed by the company.

The project at APL, which is 50 years in Ireland, is supported by IDA Ireland.

Established in 1972, Automatic Plastics Limited specialises in custom injection moulding for pharma and medtech.

Earlier this year, APL was acquired by Comar, a US-based designer and manufacturer of innovative plastic packaging, dispensing, diagnostic, and medical device component solutions.

Comar is backed by investment funds managed by Morgan Stanley Capital Partners and the Co Wicklow acquisition provides it with a European facility to serve their global clients.

Al Lawless, Managing Director of APL, said the company 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," he added.

Brian Larkin, CEO Comar, said that by collaborating closely with IDA Ireland, APL's growth is expected transform Comar's 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," he added.

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said today's announcement 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," Mr Varadkar said.

Martin Shanahan, CEO of IDA Ireland said that today's celebrations presents an opportunity to look back and acknowledge the substantial impact that APL has made on the local economy and Ireland's med tech sector through its presence in Co Wicklow over the past 50 years.

"We also note the vote of confidence in the future that the company has made with the announcement of a multi-million investment in expanding the facility and the addition of 80 new jobs." he added.