7/22/2013 7:23:28 AM
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Regeneron Pharmaceuticals, a company valued at $26bn (€19.7bn) on the Nasdaq, is in final negotiations to take over the former manufacturing facility of Dell in Limerick. The biopharmaceutical firm is preparing to invest several hundred million in Limerick and create hundreds of jobs in a massive boost for the mid-west. The area was shell-shocked in January 2009 when Dell let 1,900 manufacturing jobs go when it shifted production to lower-cost Poland.
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