Pfizer will invest $1.2B+ in Irish manufacturing site, adding 500 employees
Covid-19 trailblazer Pfizer has confirmed its commitment to a large expansion project on the Emerald Isle.
The New York-based company announced on Thursday that it will make a €1.2 billion ($1.26 billion) capital investment into its manufacturing site at Grange Castle in Dublin.
The expansion of the site marks Pfizer’s largest expansion investment in Ireland to date. The expansion includes the construction of a new facility on the premises as well as adding in more laboratory space and will ultimately double the capacity for “biological drug substance manufacturing” in the oncology and rare disease space as well as inflammation, immunology and internal medicines.
The project is currently in the “preliminary design phase,” and construction is slated to start in 2024, with completion coming in 2027. Pfizer anticipates around 400-500 employee roles will be added, bringing its total number of employees in the country to around 5,500.
This is not the first move that Pfizer has made at Grange Castle as last year it invested €40 million ($42.1 million) into the site to bring it into Pfizer’s Covid-19 manufacturing network, adding around 75 jobs as well. The site, along with three other manufacturing facilities in Ireland, currently produces medicines and vaccines for arthritis, inflammation, pain, cancer and anti-infectives, among others.

Mike McDermott, the chief global supply officer at Pfizer, said in a statement:
Grange Castle has played a critical role in our global Covid-19 vaccine network, and this investment for non-Covid licensed and pipeline products will help further to expand the site’s broad and robust capabilities. As this investment demonstrates, we continue to invest in our global manufacturing infrastructure to strive to bring much-needed medicines and vaccines to patients, around the world, and to deliver the next scientific breakthroughs.
Pfizer has been on a manufacturing expansion throughout the year as it confirmed in June it will be spending around $120 million on its own for its 1,300-acre manufacturing facility in Kalamazoo, MI, to enable wider production of its Covid-19 oral antiviral Paxlovid.
And a Bloomberg report from the summer also said that Pfizer will spend $470 million to expand its vaccine research facilities at its location in Pearl River, NY. Pfizer will look to construct a new building as well as renovate existing facilities on the campus.
Ireland has been a major center of activity for expansions in the manufacturing field this year too, with some big names looking to commit a large amount of money toward projects.
More recently, Ipsen, J&J and AbbVie announced they were spending eight or nine figures worth of funds on expansion projects there.