Industry & Business

Investment

Kerry Group to Invest $125 Million to Create World-class Food Manufacturing Facility in the US

    Kerry Group to Invest $125 Million to Create World-class Food Manufacturing Facility in the US

Kerry Group, the leading international taste and nutrition company, has confirmed that it is to invest $125 million in its facility at Rome, Georgia in the US to create a

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Digital Realty Expands Dublin Data Centre in Preparation For Tech Boom

    Digital Realty Expands Dublin Data Centre in Preparation For Tech Boom

Digital Realty, a leading global provider of data centre, co-location and interconnection solutions, has officially opened its Clonshaugh data centre, the latest facility in its portfolio of data centres in

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The Guinness Storehouse Unveils New €20 Million Gravity Bar

    The Guinness Storehouse Unveils New €20 Million Gravity Bar

The Guinness Storehouse, Ireland’s number one visitor attraction, has officially opened the highly anticipated new Gravity Bar. Developed over three years, with over 175,000 man hours and almost €20 million

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Output Sports Closes €1.3 Million Seed Investment Round

    Output Sports Closes €1.3 Million Seed Investment Round

Output Sports, a University College Dublin (UCD) sports technology spin-out, has closed a €1.3 million seed funding round. The funding round was led by the Atlantic Bridge University Fund, with Elkstone

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National Construction Summit – 24th March 2020 – The National Arena, Sport Ireland Campus in Dublin

    National Construction Summit – 24th March 2020 – The National Arena, Sport Ireland Campus in Dublin

The annual National Construction Summit is being held on Tuesday, 24th March 2020 at a new venue – the National Arena, Sport Ireland Campus in Dublin. Incorporating a number of

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155 Jobs Boost For Coleraine

    155 Jobs Boost For Coleraine

Coleraine-based manufacturer Maine Surface Finishing is creating 155 jobs in a major £9.5 million expansion. The company provides powder coating and wet paint spraying and in-house fabrication across its four

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Coca-Cola HBC Invests £9.3 Million in Expanding Lisburn Plant

    Coca-Cola HBC Invests £9.3 Million in Expanding Lisburn Plant

Coca-Cola HBC has commissioned a new ‘canning line’ at its plant in Lisburn. The canning line is the second of its kind to be installed at the plant and will

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3EN Invests Over £1 Million and Doubles Holywood Headcount

    3EN Invests Over £1 Million and Doubles Holywood Headcount

Cloud solutions company, 3EN Cloud Ltd, is doubling its headcount with 16 new jobs at its Holywood offices in County Down as part of a £1.2 million investment, following successful growth

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We Are Paradoxx Invests in R&D to Develop World’s First 3-in-1 Hair Tool

    We Are Paradoxx Invests in R&D to Develop World’s First 3-in-1 Hair Tool

Belfast-based haircare company, WE ARE PARADOXX, has developed the world’s first cordless 3-in-1 hair tool following significant investment in research and development (R&D), with support from Invest Northern Ireland. WE

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European Commission Approves €200 Million Investment Scheme For Processing and Marketing of Agricultural Products in Ireland

    European Commission Approves €200 Million Investment Scheme For Processing and Marketing of Agricultural Products in Ireland

The European Commission has approved, under EU State aid rules, an Irish scheme to support long-term capital investments in the primary food processing sector. The investment scheme, which will have

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Fexco Opens €21 Million Research and Development Facility

    Fexco Opens €21 Million Research and Development Facility

Irish-international fintech company, Fexco has opened a new building in Killorglin, County Kerry, which will house its own Research Development and Innovation Centre, and RDI Hub – a world-class centre

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Initiative Ireland to Expand Operations in Ireland and the UK

    Initiative Ireland to Expand Operations in Ireland and the UK

Initiative Ireland, the property finance and impact investment specialist, has announced that it plans to expand operations to fund the construction of  additional energy efficient, social and affordable houses across

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HBAN Business Angels Invested €16.8 Million in 66 Start-ups in 2019

    HBAN Business Angels Invested €16.8 Million in 66 Start-ups in 2019

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and an initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, has announced that

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Payescape to Create 20 Jobs in Ballymoney in £1 Million Investment

    Payescape to Create 20 Jobs in Ballymoney in £1 Million Investment

Ballymoney-based payroll provider, Payescape, is investing over £1 million and creating 20 jobs to grow its business. The company uses cloud-based technology to provide customised online payroll and HR services

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Granite Digital to Create 50 New Jobs in Dublin, Cork and Galway

    Granite Digital to Create 50 New Jobs in Dublin, Cork and Galway

Granite Digital, Ireland’s leading full-service digital agency, will create 50 new jobs across its Dublin, Cork and Galway offices. The jobs announcement comes as part of a €2.5 million investment in

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Derry Engineering Firm, Gallagher and McKinney, Expands

    Derry Engineering Firm, Gallagher and McKinney, Expands

Gallagher and McKinney Ltd has built a new manufacturing facility at Skeoge Industrial Park, and is creating 14 new jobs. The Londonderry-based mechanical engineering and piping firm provides contractor and

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OCO Global Accepted into United Nations Global Compact

    OCO Global Accepted into United Nations Global Compact

OCO Global, the international trade and investment specialist company headquartered in Belfast, has announced that it has been accepted onto the UN Global Compact, a movement of international stakeholders and

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HBAN Recruited More Than 100 New Business Angels in 2019

    HBAN Recruited More Than 100 New Business Angels in 2019

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and an initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, recruited more than

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Grant Engineering Officially Opens New €14 Million Expanded Facilities

    Grant Engineering Officially Opens New €14 Million Expanded Facilities

Grant, Ireland’s leading engineering company specialising in the plumbing and heating industry, has officially opened its newly expanded facilities in Birr, County Offaly, representing a capital investment of €14 million.

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Financing the Green Transition – The European Green Deal Investment Plan and Just Transition Mechanism

    Financing the Green Transition – The European Green Deal Investment Plan and Just Transition Mechanism

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector, as

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£8 Million Investment By Armstrong Medical

    £8 Million Investment By Armstrong Medical

Armstrong Medical is investing £8 million in the growth of its manufacturing business including the creation of 24 new jobs. The company currently exports to more than 60 countries and

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MAW Engineering Invests in Antrim Area

    MAW Engineering Invests in Antrim Area

MAW Engineering has invested £2.8 million in a new commercial vehicle venture, including a purpose-built new manufacturing facility and 46 new jobs in Toome, Antrim. The start-up engineering firm specialises

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€300 Million Investment in Irish Solar Energy Sector

    €300 Million Investment in Irish Solar Energy Sector

Obton has announced details of its €300 million investment in the Irish solar energy sector. Obton, a Danish solar photovoltaic (PV) business, and its Irish partner Shannon Energy, will develop

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€28 Million Economic Stimulus Package For the Border Region

    €28 Million Economic Stimulus Package For the Border Region

The Government has announced details of a special €28 million economic stimulus package for the Border region. The package, which

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Angoka Chooses Northern Ireland For Headquarters With New Cybersecurity Development Centre

    Angoka Chooses Northern Ireland For Headquarters With New Cybersecurity Development Centre

Cybersecurity start-up, Angoka has made Belfast its HQ location of choice with a new Cybersecurity Development Centre. The company manages

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New €10 Million Investment in Moorepark Technology

    New €10 Million Investment in Moorepark Technology

A new €10 million investment in Moorepark Technology Limited (MTL) has been officially opened in Fermoy, County Cork. The €10

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The European Green Deal Aims to Make Europe Climate-neutral by 2050

    The European Green Deal Aims to Make Europe Climate-neutral by 2050

The European Commission has presented The European Green Deal – a roadmap for making the EU’s economy sustainable by turning climate and environmental challenges

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Government Investment in Research & Development Amounted to €808.1 Million in 2019

    Government Investment in Research & Development Amounted to €808.1 Million in 2019

Government spend on R&D was €765.7 million in 2018 which marks an increase of 3.6% in expenditure over the previous

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EIB Backs €35 Million Social and Climate Investment Across Cork County

    EIB Backs €35 Million Social and Climate Investment Across Cork County

The European Investment Bank has signed a €35 million loan agreement with Cork County Council to support the Council’s Social

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€20 Million Investment By JCD Group Boosts Blarney Business Park

    €20 Million Investment By JCD Group Boosts Blarney Business Park

The new owners of Blarney Business Park, JCD Group, have committed to a €10 million investment in the strategically important

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EIB Investment Report 2019 – Uncertainty Weighing on EU Business Investment

    EIB Investment Report 2019 – Uncertainty Weighing on EU Business Investment

European firms are becoming increasingly pessimistic about the economic outlook according to the new EIB Investment Report 2019/2020. The report also

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WuXi Vaccines to Build a $240 Million Manufacturing Facility in Dundlak

    WuXi Vaccines to Build a $240 Million Manufacturing Facility in Dundlak

WuXi Vaccines, a subsidiary of Hong Kong-listed WuXi Biologics, is planning to build a $240 million vaccine production facility on

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90 Jobs Announced at Irish Manufacturer Following €7.5 Million Investment

    90 Jobs Announced at Irish Manufacturer Following €7.5 Million Investment

Cosmetic Creations, Ireland’s leading cosmetic formulator and contract manufacturer, has announced that 90 jobs are to be created between its

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HBAN Passes €100 Million Angel Investment Milestone Across Island of Ireland

    HBAN Passes €100 Million Angel Investment Milestone Across Island of Ireland

HBAN, the all-island organisation responsible for the promotion of business angel investment and a joint initiative between Enterprise Ireland, InterTradeIreland

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£3 Million Development to Boost Tourism in Castlewellan

    £3 Million Development to Boost Tourism in Castlewellan

County Down retail company, Fresh Food Centres, is investing over £3 million to redevelop a former Castlewellan Guest House into

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New €20 Million Dairy Powders Plant Opens in Monaghan

    New €20 Million Dairy Powders Plant Opens in Monaghan

Newbaze Ireland Nutrition Food (trading as Ireliffey) has opened its new dairy formula plant at Carrickmacross in County Monaghan, marking

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First New Nursing Home in €250 Million Healthcare Investment

    First New Nursing Home in €250 Million Healthcare Investment

BlackBee Group has announced that it is about to move to planning on the first new nursing home under its

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UAE and Qatar Export Success Leads to New Jobs at Derry-based Joule

    UAE and Qatar Export Success Leads to New Jobs at Derry-based Joule

Technical fire engineering services specialist, Joule Group is winning new business in United Arab Emirates (UAE) and Qatar following R&D

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Ornua Opens €30 Million State-of-the-art Cheese Facility in Spain

    Ornua Opens €30 Million State-of-the-art Cheese Facility in Spain

Ornua, Ireland’s largest exporter of Irish dairy products, has officially its new €30 million, state-of-the-art cheese production facility at Ávila

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Travelport to Invest in New Inside Sales Centre in Dublin

    Travelport to Invest in New Inside Sales Centre in Dublin

Travelport, a leading technology company serving the travel and tourism industry, has announced a further investment in its Dublin operations

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Buchanans New Nut Factory Generates £1 Million GB Success

    Buchanans New Nut Factory Generates £1 Million GB Success

WG Buchanan and Son Ltd has made an investment of over £1 million to develop a new standalone 12,000 sq

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Gamma Location Intelligence Launches Perilfinder™ Platform in the UK

    Gamma Location Intelligence Launches Perilfinder™ Platform in the UK

Gamma Location Intelligence, the leading location intelligence services provider in Ireland, is launching its Perilfinder™ software platform in the UK

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€40 Million EIB Backing For An Post Transformation

    €40 Million EIB Backing For An Post Transformation

A new €40 million, 10-year European Investment Bank (EIB) loan to An Post has been formally announced in Dublin. More

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OpenSky Launches New Innovation & Research Division With €1 Million Investment

    OpenSky Launches New Innovation & Research Division With €1 Million Investment

OpenSky, Ireland’s leading GovTech transformation specialist which provides automated solutions to public sector bodies, has launched its new Research Projects

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Two New Equity Funds For Investments in Innovative SMEs

    Two New Equity Funds For Investments in Innovative SMEs

Invest Northern Ireland has launched two new Equity Funds offering investments to innovative high growth potential SMEs. The TechStart II

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Enet to Open New €1 Million HQ Facility in Limerick

    Enet to Open New €1 Million HQ Facility in Limerick

Enet, Ireland’s largest wholesale, open-access network provider, is investing €1 million in a new state-of-the-art headquarters facility in Limerick. The

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Kevin Holland Appointed Chief Executive of Invest Northern Ireland

    Kevin Holland Appointed Chief Executive of Invest Northern Ireland

Invest Northern Ireland has announced the appointment of Kevin Holland (pictured) as Chief Executive to replace Alastair Hamilton who is

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Leading US Insurance Company to Create Technology and Cybersecurity Innovation Centre in Northern Ireland

    Leading US Insurance Company to Create Technology and Cybersecurity Innovation Centre in Northern Ireland

Aflac Incorporated, a US-based insurance company with business in the United States and Japan, plans to create 150 jobs as

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Classic Mineral Water to Invest £3.7 Million and Triple Workforce

    Classic Mineral Water to Invest £3.7 Million and Triple Workforce

Lurgan-based Classic Mineral Water is investing over £3.7 million in its soft drinks manufacturing business, to drive growth. This will

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Invest NI Opens New London Hub

    Invest NI Opens New London Hub

Invest Northern Ireland has opened a new trade, investment and innovation hub in London city to support Northern Ireland businesses

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EirGrid Group Launches Five-year Strategy to Transform Irish Electricity System

    EirGrid Group Launches Five-year Strategy to Transform Irish Electricity System

EirGrid Group has launched a new five-year strategy aimed at transforming the electricity system on the island of Ireland for

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Aurivo Invests to Create Most Sustainable Liquid Milk Facility at its Killygordon Site

    Aurivo Invests to Create Most Sustainable Liquid Milk Facility at its Killygordon Site

Aurivo, which is one of Ireland’s leading dairy and agribusinesses, has completed a significant investment in its milk processing facility

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NTR and Nord/LB Close Two Further Project Financings For a Combined €45 million

    NTR and Nord/LB Close Two Further Project Financings For a Combined €45 million

NTR has successfully closed two project debt facilities back-to-back in recent weeks with Nord/LB  for a combined €45 million. The debt facilities are being used to

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AW Control Systems to Create 16 Jobs in Armagh as Business Grows

    AW Control Systems to Create 16 Jobs in Armagh as Business Grows

AW Control Systems Ltd in Armagh is creating 16 new jobs and building an additional production facility to support its

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Grafton Merchanting ROI Rebrands to Chadwicks Group

    Grafton Merchanting ROI Rebrands to Chadwicks Group

Grafton Merchanting ROI, Ireland’s leading building merchanting company, is rebranding to Chadwicks Group as part of a €5 million investment

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Bitwise Invests in Software Centre of Excellence in Northern Ireland

    Bitwise Invests in Software Centre of Excellence in Northern Ireland

International software development and consultancy company, Bitwise, is investing £1.35 million in the creation of its new Software Centre of

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Valeo Foods to Expand With £66 Million Acquisition

    Valeo Foods to Expand With £66 Million Acquisition

Dublin-based Valeo Foods has agreed to acquire Campbell Soup Company’s European Chips Business for approximately £66 million ($80 million). Campbell’s European Chips

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Maynooth University Receives €25 Million Capital Grant From Government For New ‘Technology Society and Innovation Project’

    Maynooth University Receives €25 Million Capital Grant From Government For New ‘Technology Society and Innovation Project’

Maynooth University has welcomed a capital grant of €25 million from Government for a major new building project to support

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