Regeneron a leading science-driven biopharmaceutical company, today announced that it is investing an additional $350 million in its Limerick Industrial Operations and Product Supply (IOPS) bioprocessing campus and will add another 200 jobs, bringing the total expected job creation in the Limerick area to 500 jobs and total investment to $650 million by the end of […]
CCB Leasing International (CCBLI) today announced the establishment of its international headquarters in Ireland. CCBLI is a wholly owned subsidiary of China Construction Bank (CCB), one of the world’s largest companies.
CCBLI plans to grow its aircraft leasing business from 17 to 200 aircraft over the next five years.
China Construction Bank is the fourth largest bank in the […]
Kerry Group has spent $735m (€646m) on three US acquisitions, with chief executive Stan McCarthy saying the businesses provided the company with “tremendous growth opportunities”.
The group is buying Wisconsin-based Red Arrow Products; Massachusetts-based Island Oasis; and Biothera’s Wellmune.
Kerry said that last year the three businesses had combined turnover of $301m (€264m) and generated earnings before […]
ChannelSight, an Irish-founded tech firm, has received a €3.3 million investment to scale operations in Europe and the US.
The funding round was led by Nauta Capital, with ACT Venture Capital participating and also supported by Enterprise Ireland.
ChannelSight chief executive John Beckett said the funding will allow the Dublin-based e-commerce company to grow at a faster pace in […]
Taoiseach launches Competitive Feasibility Fund for Galway, Mayo and Roscommon
The Taoiseach, Enda Kenny TD, today (Monday 28 September 2015) launched the new Enterprise Ireland €200,000 Competitive Feasibility Fund for the West Region. The Fund, which can provide up to €25,000 per initiative, is aimed at stimulating innovative start-ups and creating jobs and growth in the […]
The investment firm revealed the profit yesterday. Crystal Amber only acquired its 2.8pc Aer Lingus stake in summer last year. It was the single biggest institutional shareholder in the airline.
It’s believed that Crystal Amber established its position in Aer Lingus after buying some shares sold by businessman Denis O’Brien.
Crystal Amber, which is headquartered in Guernsey […]
New centre in Dublin expands operations and investment in Ireland’s Big Data economy
DUBLIN, IRELAND – 8 September, 2015 – SAS, the global leader in business analytics, is expanding its operations in Ireland with the opening of a new Inside Sales and Customer Contact Centre. Based in Dublin, the expansion will create 150 jobs over three […]
United Technologies Research Center (UTRC), the research and innovation arm of United Technologies Corp. (NYSE:UTX), announced today the expansion of its Ireland facility, United Technologies Research Centre Ireland Limited, to include aerospace research in cyber-physical systems. The addition of the Centre of Excellence in Cyber-Physical Systems for Aerospace will create 25 highly skilled roles in […]
Irish-founded customer communication platform, Intercom yesterday announced a €30m funding round which will see it double its workforce across its offices in Dublin and San Francisco.
The funding will allow it to “double down on everything” with 70 new jobs to be created in both cities.
The huge investment boost will also be put to use in […]
Vodafone Ireland is investing €7 million as it seeks to bring new data-centre services to customers. The move is part of Vodafone’s plan to beef up its cloud and hosting business in Europe.
The new services will include everything from co-location, managed hosting, private cloud and infrastructure as a service (IaaS). The firm said it is […]
Google is building a new data centre in Ireland and investing €150 million in the project.
The centre will be its second owned and operated data facility in Ireland; it leases a third.
There had been speculation last year that Google planned to open a new facility in west Dublin – following a planning application – to […]
Manufacturing and engineering group Tricel is to create 100 new jobs over the next 18 months. 40 of these jobs will be based in the company’s headquarters in Killarney and be worth an extra €2.4m to the local economy.
Irish technology company Effective Software is planning to expand following a successful funding round in which it raised €1 million.
The company, which specialises in health and safety, and compliance software-as-service, plans to increase its staff count from 16 to 35 in the next two years. Recruitment is already under way for eight positions.
The funding […]
Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business.
Once the world’s biggest maker of mobile phones, the Finnish firm was wrongfooted by the rise of smartphones and eclipsed by Apple […]
The IDA revealed that 9,000 jobs were announced in the first half of 2015, up from 8,000 announced during the same period last year.
Creating 330 new jobs over next three years and the construction of a brand new campus.
Iconic Translation Machines, a leading Irish translation software company, today announces that it is creating 15 new jobs at its headquarters in Glasnevin, Dublin. The positions will be filled by December 2016 and will bring the total employment at the company up to 25.
Kingspan boss Gene Murtagh has taken a stake in Dundalk-based smarthome heating firm Climote.
And it’s understood that the valuation placed on Climote has doubled in the past two years.
Mr Murtagh is the latest heavy-hitter from the energy sector to invest in the business.
Last year, former Bord Gais chief executive John Mullins took a stake in […]
ENOC, which owns 54pc of Dragon Oil, offered 750 pence per share to buy out minority shareholders of the firm in June. The proposal values Dragon Oil at about £3.7bn (€5.2bn).
ENOC has said that it is extending its buyout offer from the end of July to August 28 after receiving about 14.5pc of the issued […]
US-headquartered generic drug manufacturer Amneal Pharmaceuticals is to create up to 300 jobs in Tipperary following its acquisition of the former Johnson & Johnson plant in Cashel.
The 200,000 square foot facility was sold to Amneal by Singapore-based investment firm Solidus Private Equity. The former Johnson & Johnson plant had been vacant for four years before […]
Minister for Jobs, Enterprise and Innovation, Richard Bruton and Minister for Finance, Michael Noonan have announced that Johnson & Johnson Vision Care which operates as Vistakon Ireland is to invest over €100 million in the expansion of its manufacturing operations.
It is expected that the 18 month construction period at the National Technology Park in Limerick […]
Up to 300 new jobs could be created by a global pharmaceutical packaging giant in the coming years on a 44-acre site in Waterford where construction will start next month.
West Pharmaceutical Services, which makes packaging components and “drug delivery systems” for pharmaceutical products, announced last year it will be employing 150 people at its new […]
EMC and Vodafone have jointly invested €2 million in a new Internet of Things innovation platform in Co Cork.
The platform, which has been specifically designed for industrial Internet of Things (IoT) development, is spread across three data centres in Cork: EMC, Vodafone, and the Cork Internet eXchange.
Businesses will be able to use the platform to […]
Spanish company Abengoa has signed a €614m deal to sell 450MW of concentrating solar power (CSP) assets to its renewable yieldco vehicle company Abengoa Yield.
Board of directors of both the firms have approved the acquisition which represents the third asset package deal between Abengoa and Abengoa Yield.
However, closing of the deal is subject to customary […]
Alexion Pharmaceuticals today announced plans to significantly expand its operations in Ireland by constructing the Company’s first ever biologics manufacturing facility outside the United States. This €450 million, four-year project, which will be constructed at Alexion’s College Park site in Blanchardstown, is expected to create approximately 200 additional full-time jobs on completion, which will bring […]
Australian Wind Prospect Group has created a new asset management platform, Wind Prospect Operations (WPO) with a portfolio of more than 1GW of independent, utility-scale renewable energy projects in Europe.
The portfolio, comprising operating wind and solar energy assets, generates more than €400m as annual production revenues for clients.
WPO integrates the energy firm’s businesses in UK/Ireland […]
A major new campaign ‘World of Talent in Ireland’ was today launched by the American Chamber of Commerce Ireland and IDA Ireland. The campaign will initially target Ireland’s global graduate community, highlighting abroad the career opportunities that now exist in Ireland, with a view to attracting talent here.
Speaking on the launch of the campaign Mark […]
Exergyn, an Irish SME, has been awarded €2.48m in EU funding to commercialise its Exergyn Drive engine, which turns waste hot water into electricity.
The specially-designed engine has been created with the application of using waste hot water created during the cooling process of manufacturing and, rather than letting it go to waste, or wasting valuable […]
Apple is looking to invest more than €400m directly to fund at least six renewable energy projects in Ireland.
The firm has invited partnership proposals from green energy developers to set up multiple new projects, with each having a power generation capacity of up to 50MW, reports The Irish Times.
Apple has planned the projects to meet […]
150 construction jobs also to be created as part of investment supported by Dept of Jobs through IDA Ireland
Waterford – April 29, 2015 – The Minister for Jobs, Enterprise and Innovation Richard Bruton TD today announced that Bausch+ Lomb, a leading global eye health company, plans to invest €75M in extra manufacturing capacity at its […]
Regeneron Pharmaceuticals, Inc., one of the largest and fastest-growing biopharmaceutical companies in the United States, today announced it has hired its 150th employee for its Limerick facility, as it completes its first of a multi-year construction and development programme for the site.
The over $300 million investment in a biopharmaceutical production facility within an 11.88 hectare […]
SEAI, Enterprise Ireland and ESB announce the winners of the first Small Business Innovation Research competition to receive up to €200,000 for prototype demonstration
2nd April 2015 – The Sustainable Energy Authority of Ireland (SEAI), in collaboration with Enterprise Ireland and ESB, has announced the winners of Ireland’s first Small Business Innovation Research (SBIR) competition. Four […]
(February 25 – 2015) IDA IRELAND, the government agency responsible for attracting inward investment, has announced ambitious targets to boost Foreign Direct Investment (FDI) in Ireland by over 40%, creating 80,000 new jobs in the economy over the next five years.
The ambitious targets will bring total direct employment by overseas companies in Ireland to 209,000 […]
Work will begin this month on the first element of a major restructuring of the port of Foynes in Co Limerick.
It is part of a €50m investment in transforming the port into one of the biggest bulk harbours in Europe.
Shannon Foynes Port Company will spend €12m on transforming the existing East Jetty area, and reclaiming a 3.45 acre section […]
A new guide to support potential exporters based on the island of Ireland is now available. The Export Start Guide is a partnership initiative from Chartered Accountants Ireland and two enterprise development agencies, Enterprise Ireland and Invest Northern Ireland.
The Export Start Guide offers comprehensive, practical guidance information for businesses considering new markets and opportunities. Content […]
AMAX Further Expands Global Manufacturing and Logistics Footprint to Better Serve EMEA and Worldwide Customers
SHANNON, IRELAND-FREMONT, CA- January 19, 2015 – AMAX, a leading manufacturer of dynamic Data Center & Cloud, custom Server Appliance and High Performance Computing (HPC) solutions, today announced the grand opening of its European manufacturing facility at Western Business Park in Shannon, Ireland. The […]
Ibec, the group that represents Irish business, today said that despite disappointing preliminary growth figures for the third quarter, the economy will significantly outperform the rest of Europe and grow by a spectacular 5.7% this year. In 2014 the recovery finally reached the domestic economy. Unemployment is falling, investment is on the rise and the […]
Bausch+ Lomb said today that it is planning to invest €41m (US$55m) in manufacturing capacity at its Waterford facility.
The investment will provide the Waterford facility with next generation contact lens manufacturing technology, high-speed packaging equipment, and an efficient energy generation system. Employee training for new automation is also part of the investment.
Supported by the Department […]
450 delegates from food and drink businesses across the UK and Ireland attended the inaugural Sustainable Food & Beverage Manufacturing Conference & Exhibition, which was held at the Motor Cycle Museum, Birmingham on Thursday, 23rd of October 2014.
In line with the event’s theme of ‘sustainable growth for sustainable profits’, the speakers at the Conference were […]