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Staff at contact lens manufacturer Transitions Optical have been warned that the Tuam-based company is facing up to 60 job losses.

Up to 90 jobs are to be created at Medtronic’s new Customer Innovation Centre, European Commissioner for Research, Innovation, and Science Máire Geoghegan-Quinn confirmed yesterday as she turned the first sod on the site at Parkmore business park.

The announcement on Monday by Allergan Pharmaceuticals that it plans to create 200 new jobs over the next four years and invest $350 million at its plant in Westport, with an additional estimated 250 indirect jobs during the construction period of the extension, was feted as a top news story for Ireland both nationally and internationally this week.

Galway businessman John Flaherty, founder of C&F Group, received Ireland’s coveted business award when he was named as the 2008 Ernst & Young Entrepreneur of the Year® at a ceremony last week.

Galway businessman John Flaherty, founder of C&F Group, received Ireland’s coveted business award when he was named as the 2008 Ernst & Young Entrepreneur of the Year® at a ceremony last week. Mr Flaherty was first announced as winner of the international category before receiving the overall title, which was presented by the Tánaiste Mary Coughlan, Minister for Enterprise, Trade and Employment.