Posts Tagged ‘Investment’

Green Shoots?

Friday, July 10th, 2009


All the recent talk of “green shoots” but could we actually be witnessing the first signs of spring ….

Alcatel-Lucent has asked the Government for grant assistance for an expansion of its Bell Labs research unit. Dublin is one of the cities being considered for the expansion. The decision on the location of the project will be taken in the next few months. A positive decision for Dublin could see the establishment of an international centre of excellence for basic research.

Randox will boost R&D capabilities at its Antrim facility with a STG9.2m investment package. The company specialises in clinical diagnostics and has pioneered the development of innovative biochip analysing technology.

Boston Scientific will invest EUR21.7m in a R&D and innovation project at its Cork plant.

Kingspan create 40 jobs in Newry BUT 800 jobs for the South

Wednesday, March 5th, 2008


Looks like the Northies are robbing our jobs again.

Kingspan has announced that it has created 40 new jobs in Newry as a result of a 6m euro investment by the groups Environmental & Renewables subsidiary.

Looks like it is all positive news for Newry at the minute. Newry has City status, Sainsbury’s (cheap shopping), 40 new jobs and even David McWilliams is writing about the town (I mean City) in today’s Independent.

What does the south get?

We get an announcement that NEW start up companies will create 800 new jobs over the next 3 years. This is on top of the 600 created by these companies so far. There are two ways you can look at this announcement.

Negative: Micheal Martin has nothing else positive to say and need some spin to deflect all the negative job loss announcements. I mean come on!! This would not have even made the papers two years ago.

Positive: This is great news for the Economy as we are breaking from the reliance of US multinationals. They created the Celtic Tiger and now these budding entrepreneurs are creating the Eccentric Tiger. Hey got to get a new name in before McWilliams does. Anyway don’t they always say that entrepreneurs are a bit different?