Automotive supplier Valeo is embarking on a major expansion at its Valeo Vision Systems (VVS) operation in Tuam, County Galway, Ireland, with an investment of €17m (£14.6m) and the creation of up to 100 new positions over the next three years.
Valeo is undertaking the initiative at the operation to target a growing share of the camera market with the development of the next generation of new camera/vision systems and supporting technologies for vehicle parking and manoeuvring.
This investment programme follows on from the launch by VVS Tuam of its first-generation multi-camera systems on the market in 2008. It is now proposing to expand its manufacturing operations to meet growing automotive customer demand and to develop the next-generation vision systems for the global market.
The additional jobs will be recruited across the company’s manufacturing and research and development operations.