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?