Investments into manufacturing and services sectors in Ireland

[odlum833]

I was wondering what he was on about

Facebook set to expand in docklands







FACEBOOK, THE leading social networking site, is to embark on a further expansion of its international headquarters in Dublin by leasing additional office space in the south docklands.

The company has agreed to rent a further 1,021sq m (11,000sq ft) in the Hanover Reach block, which overlooks many of the highlights of the area, including the Grand Canal Dock and Sir John Rogerson’s Quay.

The expansion will mean that Facebook will now occupy all but one of the six floors in the 5,696sq m (61,311sq ft) Hanover Reach, a prestigious office scheme completed about four years ago by Francis Rhatigan and Chris Jones of Ellier Developments. The initial rent level of €376 per sq m (€35 per sq ft) is likely to have slipped to around €322 per sq m (€30 per sq ft) for the most recent letting, in line with the decline in Dublin office rents.

There was initially intense competition between a handful of Dublin office developers to hook up with Facebook – one of them even offered a building rent free for five years – because of the company’s international profile and the prospects that it could grow from an initial office space of only 464sq m (5,000sq ft) into an entire block.

That may not be too far away as the Dublin operation is already providing a range of online technical, sales and operations support to Facebook’s users across Europe, the Middle East and Africa. Facebook employs 280 staff in Dublin and is currently recruiting additional personnel.

Another high-tech company, Google, has blazed a trail in the Dublin office market. It originally took a single building of 5,574sq m (60,000sq ft) on Barrow Street in 2004 and within a year it had leased in a second block of 9,290sq m (100,000sq ft). Last year it acquired not only the two blocks but another newly completed building, Montevetro, at an overall cost of around €200 million.

irishtimes.com

Cloud-based tech company takes lease on Barrow Street




Engine Yard has leased 622sq m (6,700sq ft) of office space at The Warehouse on Barrow Street in Dublin

US software company Engine Yard will become neighbours with Google when it moves into its new premises in the south docklands, writes JACK FAGAN

DUBLIN’S TECHNOLOGY hub in the south docklands continues to expand. The latest arrival is the San Francisco software company Engine Yard which has leased 622sq m (6,700sq ft) of office space at The Warehouse on Barrow Street, next to Google’s Europlex.

Engine Yard joins forces with Orchestra to build and run cloud-based applications efficiently and cost effectively. It has taken a five-year lease on 622sq m (6,700sq ft) at the former Treasury Holdings headquarters at a rent of €215 per sq m (€20 per sq ft) and is expected to employ up to 30 people in the coming months.

The move comes within weeks of the arrival in the same Warehouse building of Dogpatch Labs, which is to provide creative space for entrepreneurs to connect and share ideas and experiences to get new companies up and running. Dogpatch has taken a four-year lease on 557sq m (6,000sq ft) and will be providing free working space to early-stage companies for up to six months in the belief that locating amongst peer companies creates a more productive environment.

Niall Kavanagh of Treasury said Barrow Street was quickly becoming an important technology hub for the city, with a number of silicon valley companies locating there. He said the growing demand for their commercial property suggested some level of recovery was on the way.

irishtimes.com

[Rapter]

Another attempt to ressurect this thread:

I think we should keep the posts of job creations into this thread, and leave the economy thread for trade balances, anything involved with budget, changes in percentage of (un)employment, changes of bonds etc. This would be a bit neater, what do you think?

Over 230 jobs to be created by two companies in Galway

US multinational Merit Medical is to expand its operations in Galway with the creation of 200 jobs.

A €20m facility will be officially opened in Parkmore as part of the IDA supported investment.

Merit, which makes medical devices, has been in Galway since 1996 and currently employs 379 people.

The new jobs will be in research and development, operations support and manufacturing.

Over one third of the jobs are graduate positions.

Merit manufactures medical devices used mainly in the areas of cardiology, radiology and endoscopy.

The new facility will be a designated centre of excellence for some of Merit's new products and technologies.

IDA Chief Barry O'Leary said Merit was a key player in the cluster of medical device companies operating successfully from the West of Ireland.

Taoiseach Enda Kenny will also announce 37 new jobs at Galway software firm Copperfasten Technologies.

The company, which produces internet security solutions, is based in Salthill and currently employs 15 people.

The expansion is based on a €500,000 investment by Enterprise Ireland.

Anyway it's pretty good news, over 230 jobs is quite a big number if you think about it

[yannms2001]

With all the jobs annoucements that have been made for the 2 coming years, I genuinely hope it will have a strong impact on Ireland's recovery and future growth !!

[Catmalojin]

Another big announcement!

IBM to create hundreds of jobs at new global services hub in Dublin
Updated: 09:16, Friday, 18 May 2012


IBM employs more than 3,000 people in Ireland

IBM is to create several hundred jobs with the opening of a new global services integration hub in Mulhuddart in Dublin.

The positions are described as high-skilled and will cover a range of disciplines including legal, financial and supply chain management roles.

IBM is one of the leading information technology companies in the world and currently employs more than 3,000 people in Ireland.

The majority of those are based at its headquarters in Mulhuddart where IBM's European Sales and services support centre is located.

The company also has facilities in Blanchardstown, Cork and Galway.

IBM transferred 190 manufacturing jobs from Mulhuddart to China in October 2010.

Taoiseach Enda Kenny said IBM’s decision "demonstrates the value of Ireland's position in Europe when it comes to our ability to attract overseas investment".

IDA chief executive Barry O'Leary said the hub, one of two IBM operates worldwide, will help it run a range of different functions behind its worldwide operations.

Mr O'Leary said that initially the hub is expected to require between 200 and 300 new staff but that may increase as IBMs business grows.

Story from RTÉ News:
http://www.rte.ie/news/2012/0518/ibm...ub-dublin.html

[Dvblvnia]

Nice to see this jobs announcement for the south-east. That region has been hit quite hard by the recession with the closure of Waterford Crystal and TalkTalk making times especially tough for Waterford, Wexford and Kilkenny. Waterford City is perhaps the most affected city in Ireland from the recession of the last number of years. Hopefully we see a couple more like this to get some more life into Waterford and the wider area;

http://www.irishtimes.com/newspaper/...reaking33.html

[odlum833]

Intel picks Irish plant for new chip

Intel has confirmed it has selected its plant in Leixlip, Co Kildare, as one of three locations where it will manufacture its next generation of computer chip


INTEL CHIEF executive Paul Otellini has confirmed it has selected its plant in Leixlip, Co Kildare, as one of three locations where it will manufacture its next generation of computer chips.

Mr Otellini confirmed to investors at a meeting in the US earlier this month that the 14 nanometer generation of chips would be manufactured at plants in Ireland, and in Oregon and Arizona in the US.

Intel chooses three sites for each new generation of technology that is introduced every two years.

In common with other US multinationals that make a significant portion of their revenues overseas, Intel had been under political pressure to support jobs at home. As a result it was widely expected that the Intel plant in either Ireland or Israel would miss out on the latest round of technology investment.

An Intel Ireland spokesman did not return calls for comment last night but the decision is a significant boost for its local operations.

The Leixlip plant had not secured a major investment from its parent since 2004, when the corporation announced it was spending $2 billion to build a factory called Fab 24-2.

With no major investment since then a number of production facilities at Leixlip had been mothballed and the US company had its first compulsory lay-offs in 2009.

In January 2011 Eamonn Sinnott, Intel Ireland general manager, said $500 million had been secured to upgrade an older manufacturing plant to prepare it for a possible investment.

Mr Otellini’s confirmation of Leixlip as one of the next generation factories suggests Intel will make a multibillion-dollar investment in building a new Fab in Leixlip.

http://www.irishtimes.com/newspaper/...medium=twitter

[Dvblvnia]

The decision by Intel is pretty important. We've been lacking a major investment by Intel for a long time (2004) and we were fast approaching the point of obsolesence for a lot of the chips produced in Leixlip. Israel has been breathing down our necks over the last decade and has been a very attractive alternate site for extra-US investment for Intel. Thankfully there seems to have been some form of wrangle over the state aid to be given to Israel to get the 14 nanometre chip production done there. This has enabled Intel Ireland to put itself forward as the production site of choice outside the United States for the company. It's a great boost to them and probably guarantees the Ireland facility for another decade. The $500 million dollar investment announced about a year ago would tie into this announcement and pave the way for a possible $1 billion investment to get the chips out into laptops, tablets and smartphones around the world. Considering Intel is the jewel in the crown of Ireland's suite of FDI it's vital that we continue to be the premier country of choice for Intel outside the United States - today's announcement cements that position.

[Catmalojin]

More on that Intel decision:

Intel seeks planning for extensive new plant

BARRY O'HALLORAN

Tue, May 29, 2012

MULTINATIONAL microchip manufacturer Intel is seeking planning permission from Kildare County Council for a 162,000sq m new plant at Leixlip, confirming it as one of the sites it has chosen to produce its next generation of microprocessors.

If the project goes ahead it is estimated building the facility could create at least 1,000 jobs, and is likely to attract bids from leading players in construction and engineering.

Intel chief executive Paul Otellini recently confirmed the group had chosen its existing facility at Leixlip as one of three locations where it would manufacture its next generation of computer chips.

The Irish subsidiary, which employs 4,000 people and is the Republic’s biggest private-sector employer, has lodged an application with Kildare County Council seeking planning permission for a 162,000sq m manufacturing plant at Leixlip.

The proposed plant is on the same scale as its latest facilities in Portland, Oregon, and Arizona, the two US sites that will also manufacture Intel’s most recently developed microprocessor.

The scale of the plant suggests the group is planning a multi-bilion euro investment in the Leixlip site.

Getting the plant built and commissioned on time will be a key issue for the multinational, and would have been one of the deciding factors in choosing the location.

Each new generation of micro-chip has a lifespan of only 18 months to two years before it is overtaken. As a result, Intel has a short period during which it can maximise sales and profits from the new product.

The construction will call for considerable expertise in mechanics and electrical engineering.

Along with the manufacturing, the plans call for a range of utility buildings, such as water treatment, power generation and boiler and chiller rooms.

Virtually all of this is backed up to ensure there is no breakdown in production. Intel chooses three sites for each new generation of technology, which it introduces every two years.

In common with other US multinationals that make a significant portion of their revenues overseas, Intel had been under political pressure to support jobs at home.

As a result it was expected the Intel plant in either Ireland or Israel would miss out on the latest round of technology investment.

Intel’s Leixlip plant has not secured major investment from its US parent since 2004, when the corporation announced it was spending $2 billion to build a factory called Fab 24-2.

With no major investment since then, a number of production facilities at Leixlip were mothballed and the US company had its first compulsory layoffs in 2009.

In January 2011, Eamonn Sinnott, Intel Ireland general manager, said $500 million had been secured to upgrade an older manufacturing plant to prepare it for a possible investment. That work is currently under way at the Co Kildare site.

Intel Ireland’s spokesman did not return calls yesterday.

© 2012 The Irish Times

[Catmalojin]

Technology media company IDG Direct to create 125 jobs in Dublin
Updated: 09:52, Tuesday, 29 May 2012

The company, a division of the world's largest technology media groups, is establishing a new base for operational support in Dublin.

Located on Great Strand Street near the city centre, IDG Direct has recently recruited 60 positions.

It hopes to add a further 65 positions by the end of 2013.

Minister for Jobs, Enterprise and Innovation Richard Bruton said there has been a strong flow of investments from world-leading companies in Ireland since January.

Chief Executive Officer of IDG Connect John P O'Malley said Ireland offered a perfect mix of core skills, education and an established infrastructure.

Story from RTÉ News:
http://www.rte.ie/news/2012/0529/idg...in-dublin.html

...

[Dvblvnia]

That Intel plant, if fully developed and staffed should be a serious tonic for the west Dublin/north Kildare region. Roughly a thousand jobs could be created directly by Intel along with at least a further thousand construction jobs. Adding in the indirect jobs created and we could be looking at up to 5,000 posts being either created or supported by this announcement. Certainly a great boost if fully realised and a nice centrepiece to a year which has been distinguished by quite a few multinational investment announcements.

[thebig C]

Originally Posted by Dvblvnia

That Intel plant, if fully developed and staffed should be a serious tonic for the west Dublin/north Kildare region. Roughly a thousand jobs could be created directly by Intel along with at least a further thousand construction jobs. Adding in the indirect jobs created and we could be looking at up to 5,000 posts being either created or supported by this announcement. Certainly a great boost if fully realised and a nice centrepiece to a year which has been distinguished by quite a few multinational investment announcements.

It is indeed brilliant news. Also, by dint of having invested so much in Ireland Intel are essentially cemented here. There is very little chance of them pulling out as happened with other multinationals!

[odlum833]

The Israeli's won't be impressed!

http://www.globes.co.il/serveen/glob...medium=twitter

[JD47]

Its good to see Ireland get a lot of high tech jobs. This is the future and we are becoming a big part of it.

[Catmalojin]

This is doubly good news!

Wind farm firm Element Power says it will create 2,000 jobs by 2018 in €8bn project
Updated: 09:58, Tuesday, 17 July 2012


The project is to generate 2,000 jobs in the operation, maintenance and servicing of the wind farms

2,000 jobs are expected to be created in 40 new wind farms by 2018, an Irish subsidiary of a US group has announced.

Element Power has signed contract with Britain's electricity grid to supply it with renewable energy over two dedicated sub-sea cables from Ireland to Wales.

The new wind farms are proposed for counties Meath, Westmeath, Kildare, Laois and Offaly and the project itself is worth €8bn.

Element Power says it is in discussions with An Bord Pleanála about making a planning application under a process for major infrastructural projects. It has begun negotiations with land owners.

The company says there will be no overhead lines from the wind farms as cables will be laid on the verge of public roads in a similar manner to phone lines.

The project is expected to generate 2,000 full time jobs in the operation, maintenance and servicing of the wind farms.

Element Power, which has operations in 12 countries, has signed a contract to supply €1.2bn of electricity to Britain's National Grid UK.

The project is being financed by investment from its parent US private equity group Hudson Clean Energy Partners.

Story from RTÉ News:
http://www.rte.ie/news/2012/0717/win...s-by-2018.html

[Catmalojin]

Intel gets permission to construct new plant
Updated: 16:33, Thursday, 16 August 2012

Kildare County Council has granted permission to the Irish operations of US chip giant Intel to construct a brand new fabrication plant, or fab, at its Leixlip campus.

The company lodged a planning application in May.

Its application was for a 162,000 sq metre building which would be used for the construction of its silicon chips.

At the time sources at Intel Ireland, which employs over 4,000 people in this country, said the application was speculative and no decision had been made on whether or not a new fab would be constructed here if permission were granted.

Intel has not invested in producing a new technology at its Leixlip base since 2004.

The plans also include new internal roads, a chemical store, support buildings and parking for 2,200 cars.

If it were to be constructed, the Intel plant would see the creation of several hundred temporary construction jobs as well as permanent positions operating it, and would mark a significant expansion of operations at the Collinstown industrial park.

Around the same time as this planning application was lodged last May, Intel President Paul Ottelini, told investors in California that Ireland, along with Arizona and Oregon, would be one of three new manufacturing bases for next generation 14 nanometer chips, or their successors.

At the time Intel Ireland confirmed that Ireland was now on the parent company's so called "roadmap" for the production of future generation or generations of chips. But it couldn't say how soon the investment might take place, how much it could be worth or how many jobs were likely to be created as a result.

It also cautioned that such plans can be subject to change.

Last year Intel Ireland secured $500m to upgrade an older manufacturing plant to prepare it for such a possible investment and that preparatory work is ongoing.

Story from RTÉ News:
http://www.rte.ie/news/2012/0816/int...-business.html

...

[odlum833]

Good to see.

[Catmalojin]

Medical company to create 50 jobs in Dublin over three years
Updated: 09:28, Thursday, 23 August 2012


ResMed's research facility is based at UCD

US medical products company ResMed is to create 50 IDA-backed jobs over the next three years with the expansion of a research and development facility in Dublin.

The company's research centre is based at a facility in UCD, which assists companies to access the university's research base.

ResMed, which specialises in medical products to combat sleep and respiratory disorders, is to focus on technology using sensors to manage patients with chronic diseases in their homes.

ResMed's head office is in San Diego.

Story from RTÉ News:
http://www.rte.ie/news/2012/0823/med...in-dublin.html

...

[Rapter]

Pretty good news here

300 new jobs announced at Electronic Arts games company in Galway

US multinational games company Electronic Arts has announced a further 300 jobs for Galway.

The new jobs are part of an expansion of the company's customer service centre in the IDA Business Park.

They will provide multilingual international support for EA’s online game titles such as FIFA and Medal of Honour.

The company already employs 400 people at its Bioware division in Parkmore West and recruitment for the new jobs begins immediately.

Taoiseach Enda Kenny said this further investment by EA is a real endorsement of Ireland's ability to meet the needs of leading multinationals in the digital industry.

EA’s Chief Operations Officer Peter Moore said the Galway centre would be the global customer base on a 24-hours a day, seven days a week basis.

[Catmalojin]

US financial services company to create up to 400 jobs in Limerick
Updated: 11:51, Wednesday, 19 September 2012

US financial services company Northern Trust is to create up to 400 jobs in Limerick over the next five years as part of an expansion of its Irish operations.

The company, which has had a presence in the country since 1989, already employs 300 people in Hamilton House on the city's National Technology Park.

The expansion is supported by the IDA and is focused on the company's funds administration business.

Minister for Finance Michael Noonan and Minister for Jobs, Enterprise and Employment Richard Bruton are due to take part in a press conference detailing the jobs announcement this morning.

Mr Bruton had met senior executives of Northern Trust, including its President and Chief Operation Officer William Morrison, on a recent trade mission to the United States.

Outside of its Limerick operations, Northern Trust also has offices in Dublin and Belfast.

Following the acquisition of Bank of Ireland Securities Services Ltd in June of last year the company cut 220 jobs in Dublin and ten in Belfast.

Affected staff were offered the chance to move to Limerick at the time.

Limerick and the surrounding region has lost a significant number of jobs in its large manufacturing and traditional industrial companies in recent years.

Story from RTÉ News:
http://www.rte.ie/news/2012/0919/job...financial.html

...

[Rapter]

And another little piece of good news:

Realex Payments to create 50 jobs in Dublin

Realex payments, an online payment company, is to create 50 new jobs to bring the total employment at its Dublin office to 170.

The new positions, launched by Taoiseach Enda Kenny, are expected to be filled by the end of next year.

The jobs will be in the areas of IT, product management, business development and customer services, and will be based at Sir John Rogerson's Quay in Dublin city centre.

The expansion is aided by Enterprise Ireland. Enterprise Ireland's chief executive said that the company was a prime example of the ambitious Irish companies that are driving export growth.

The company founder and CEO, Colm Lyon, said that the new office would allow more investment in the learning and research development the company is undertaking following international expansion, with a view to further international expansion.