B+L to expand Waterford and create 125 jobs

Bausch+ Lomb has announced plans to invest €75m in extra manufacturing capacity and create 125 jobs at its Waterford facility in Ireland – a year after parent company Valeant made 200 workers redundant there.

The investment, supported by Ireland’s Department of Jobs, Enterprise & Innovation through IDA Ireland, would by the end of 2017 bring capacity to meet expected demand for Biotrue ONEday contact lenses, the company said.

Minister for jobs, enterprise and innovation Richard Bruton said: ‘The people of the southeast and, in particular, the staff at Bausch + Lomb have been through a massively difficult time.

‘Today’s announcement that, with the support of my department and IDA, the company is investing heavily in an expansion and creating 125 jobs is a huge boost. I look forward to continuing to work with Mike, Angelo and all the Valeant team as they roll out this major investment and job-creation in Waterford.’