GE HealthCare's €132m investment a 'resounding endorsement' of Cork as a prime investment destinatio

Cork Chamber, the voice of business in Cork, today welcomed the announcement of €132 million investment by GE HealthCare.

Commenting on the news Conor Healy, CEO of Cork Chamber said, “This is a resounding endorsement of Cork and Ireland as a world-class location for global businesses to invest, grow and thrive. This expansion underscores the confidence that foreign direct investment (FDI) companies have in our region, thanks to our highly skilled workforce and access to global markets.

“GE HealthCare has been a valued part of Cork’s business landscape for over 30 years, contributing significantly to our life sciences sector. Beyond the benefits to healthcare innovation and supply chain security, this investment will deliver a major economic boost to our region. The creation of 250 jobs during the construction phase will provide significant opportunities for local contractors, suppliers and service providers, further stimulating business activity and economic growth in Cork and beyond. Once operational in 2027, this state-of-the-art facility will continue to strengthen our life sciences ecosystem, attracting further talent and investment to the area.

“Cork’s strong investment environment is further supported by IDA Ireland, whose work in attracting and sustaining high-value investments continues to enhance our region’s economic success.

“Cork has long been recognised as a dynamic hub for life sciences and other high-value industries and today’s announcement is yet another testament to the region’s ability to support companies at the forefront of global innovation. We congratulate GE HealthCare on this exciting expansion and look forward to seeing the positive impact it will bring to our economy, our communities and patients worldwide in the years ahead."