The Taoiseach said he believed the announcement by National Pen is a vote of confidence in Dundalk and the North East.
“I understand that this expansion will bring National Pen’s permanent workforce to 450 by the end of 2017,” he said.
“You cannot underestimate how much of a great boost for the whole Louth area this will represent.
“Earlier this year I performed the official opening of the PayPal offices - another important event on the road to recovery in the region.
“The expansion of National Pen in Dundalk also represents a significant win for Ireland, as we continue to work hard to attract new investment and jobs into the country.
“County Louth has the largest concentration of IDA supported companies with 23 companies employing 1,416 people in permanent positions.
“While this is positive news there is still a long way to go before the damage of economic crisis is undone.
“There are still many regions in Ireland that are still to see improvements on the jobs front.
“Our ambition for the country is to see Ireland become the best small country in the world for business by 2016.
“We plan to achieve this by implementing our Action Plan for Jobs,” he said.