GW Plastics, a healthcare injection molding and contract manufacturing company, established its first European location with the purchase of Avenue Mould Solutions in 2017 and is growing its operation in response to increased customer demand in its medical device and drug delivery business. The project is supported by the Irish Government through IDA Ireland.
Specializing in complex injection molded thermoplastic and silicone solutions, GW Plastics provides full-service contract manufacturing capabilities with a focus on surgical components, diagnostic devices, and drug delivery systems. The Avenue acquisition gave GW Plastics a unique industry position with precision mold-building facilities in North America, Asia, and now Europe, in addition to advanced injection molding and contract manufacturing. Avenue brought to GW Plastics expertise in building ultra-high-cavitation tooling—up to 192 cavity molds—for the medical device, diagnostics, and pharmaceutical markets. GW Plastics now ranks as one of the plastic industry’s largest manufacturers of precision molds.
GW Plastics plans to invest in excess of €6 million to grow their product development, precision tooling, thermoplastic and silicone injection molding, and contract assembly capabilities in Europe. The company plans to expand its molding operations into a scalable 28,000 square foot site located in Sligo, Ireland.
The expansion in Ireland will complement GW Plastics’ global precision mold-building and advanced injection molding and contract manufacturing capabilities in the United States, Mexico, and China. GW Plastics is one of the few companies that can provide a wide array of in-house tooling, injection molding, and contract assembly capabilities on three continents.
After meeting with the GW Plastics management team at the new facility, Ireland’s Prime Minister, Leo Varadkar TD, said, “Under the government’s national development plan, Project Ireland 2040, Sligo is recognized as a major regional center and a driver of economic development. The government is investing in the North West region through major infrastructure projects like the new N4, because we want to secure a pipeline of jobs and investment into the future. That is Project Ireland in action. The creation of new jobs by GW Plastics is great news for the company, its customers, staff, and prospective employees and is further evidence that Sligo is a great place in which to invest, work, and live. Next week, the Business Minister Heather Humphreys will launch the new Regional Enterprise Plan for the North West. The Plan, which has been developed from the ground up, will build on the huge progress of recent years in the region, as well as tackling any vulnerabilities. We want to help each region build on its unique strengths and ensure they are leveraged for enterprise development.”
“Avenue has brought to GW Plastics a highly-skilled manufacturing workforce, an award-winning mold-building company, and a growing medical device contract manufacturing business that has been successfully serving Ireland and the broader European market for over 30 years,” said Brenan Riehl, GW Plastics president and CEO. “GW Plastics is delighted to build on Avenue’s success with this expansion, and we look forward to better serving our customers in Ireland and greater Europe.”
“Our ability to develop lasting relationships with our customers from all over the world and partner early in the development process to leverage our world-class engineering, tooling, and highly-standardized global production capabilities allows us to offer innovative and cost-effective solutions,” said Gerard Henn, general manager of Avenue Mould Solutions. “We are thrilled to continue growing these capabilities in Europe and offer more value to our customers.”
IDA Ireland’s Executive Director Mary Buckley welcomed the announcement saying, “This is terrific news and a considerable job boost for Sligo and the whole North West region. This expansion will take the company into new areas of high-tech manufacturing. It demonstrates a strong commitment by GW Plastics to Sligo and the region. I wish the company continued success here and I have no doubt but that the Sligo site will become an integral part of GW Plastics global operations.”