Valeo Vision Systems has completed a major expansion of its Tuam facility. The company designs and manufactures multi-camera systems for the automotive industry.
The expansion was originally in January this year and represents an investment of €17 million. Up to 100 new highly skilled jobs in research and development (R&D) are expected to be created.
Opening the facility, Minister of State at the Department of Jobs, Enterprise and Innovation John Perry said: "I am delighted to be here today to open this exciting new expansion facility. Valeo Visions Systems has been here, in Tuam, since 2007 and over that period has forged strong ties not only with the local community but also with the region due to its collaboration with NUI Galway’s Connacht Automotive Research (CAR) Group, an exciting collaboration that is of benefit to both the company and CAR. I would like to offer the full support of the Irish Government to Valeo in this endeavour as it continues to develop and manufacture its cutting-edge products and grow its operations here."
Product line director Fergus Moyles said: "[This] opening is a milestone in providing the infrastructure to support our leading position in vision technology globally. Our 2011 R&D growth plans included the addition of 100 engineering roles. We have so far recruited 60% of these roles. We are very proud of the centre of excellence we have created in Ireland and look forward to continued growth."
Valeo Vision Systems currently employs 460 at the Tuam facility, 150 of which are in R&D.
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