Investment Highlights of 2007
World leading healthcare company Baxter International Inc. is to invest more than €75 million as part of a strategic programme to introduce new technologies and higher value products to its manufacturing plants in Castlebar and Swinford, Co. Mayo.
Blizzard Entertainment Inc., a global leader in the entertainment software industry, established its European customer support centre in Cork City.
Celestica Ireland's automated manufacturing services (AMS) expanded its capability in their Galway facility.
A new Hedge Fund Administration operation for Japanese company, Daiwa Securities Group Inc., was set up in Dundalk, Co Louth. Daiwa is Japan's second largest securities firm and this is its second facility in Ireland - its first being located in Dublin.
DeCare Systems Ireland Limited announced its decision to undertake a strategic expansion of its software development centre in Cork to increase capacity and offer additional value-added services in consultancy and software development.
Equifax Inc., a global information solutions company and the largest credit reporting company in the US, expanded its Irish operation in Wexford - Equifax Commercial Services Ltd. The expansion involved a range of new functions being added to the Wexford operation and its designation as the primary support centre for a number of the company’s European services.
Fidelity Investments, one of the world's largest financial services firms, is to establish a research and development function in Galway, which will be operated by Fidelity Technology Group (FTG).
Genzyme Corp - one of the world's largest biotechnology companies, announced an investment of up to €20m to create additional product and process development facilities at its manufacturing campus in Waterford.
GlaxoSmithKline (GSK) announced an investment of up to €250 million over five years in its production site at Currabinny, Co. Cork to manufacture products, including the active ingredient for TYKERB® (lapatinib), a new oral treatment for advanced breast cancer. In a separate investment in 2007, GSK committed up to €14.6m in a collaboration with the Trinity College Institute of Neuroscience (TCIN) and NUI Galway, on a major Research & Development programme for the discovery of new therapies to treat Alzheimer's Disease.
IBM Corporation will expand its operations in Ireland at the IBM Tivoli software development labs in Cork and Galway.
Integra LifeSciences Holdings Corporation which established a global manufacturing facility in Tullamore, Co. Offaly intends to create 65 highly skilled positions in engineering and other technical areas.
Intel Corporation set up a Technology Research for Independent Living (TRIL) Centre in Ireland. The centre will involve significant research capabilities to address the challenges of 'independent living' for older people. Intel will collaborate with several leading Irish universities, including UCD, TCD and NUI Galway to create one of the largest research efforts of this type in the world.
KineticConceptsInc.,a global medical technology company, established a global manufacturing operation in Athlone, Co. Westmeath.
Legal & General, the UK-owned Life and Investment Group, established a new Irish-based subsidiary - Legal & General International (Ireland) Limited (LGII) - in Dublin.
ACI Worldwide, a leading international provider of software for electronic payment systems, established a new global technical resource centre in Limerick. The centre will be a valueadded operation and will create 100 new high level positions in R&D, software, technical support and finance.
Merck & Co Inc., the global healthcare company and seventh largest pharmaceutical company in the world, announced its decision to establish a new €200 million ($280 million) strategic vaccine facility at Carlow Town.
Merrill Lynch, one of the world's leading wealth management, capital markets and advisory companies, is to establish a €3million new Research, Development & Innovation (RD&I) Centre at its offices in Dublin. The project will be a centre of innovation focusing on the development of technological applications to support Merrill Lynch's business worldwide.
Microsoft Corporation selected Ireland as the location for its new European data centre. The 51,000sq metre state-of-the-art data centre is located in Grange Castle Business Park in Dublin.
Nortel Networks Corporation, a global supplier of networking solutions, is implementing a significant research and development programme that will create 60 new high level research positions over the next three years at Nortel Ireland's Galway facility.
Novell is to centralise its EMEA TeleWeb operations in Ireland. Based at the company's Irish headquarters in Sandyford, Dublin, the TeleWeb team will be responsible for handling Novell's EMEA renewal transactions by telephone and over the internet.
Pramerica Systems Ireland Ltd expanded its software development and customer services centre in Letterkenny, Co. Donegal. With the expansion, Pramerica will continue to deliver high quality, IT project management, business and systems analysis, software development & quality assurance testing, call centre and transaction processing services to all of Pramerica's business groups.
Sanmina-SCI, a leading electronics contract manufacturer, is to undertake a €30 million investment for the transformation of its Fermoy, Co. Cork, facility into a manufacturing and design centre-of-excellence for the medical industry.
Smith & Nephew, a global medical technology company, and REMEDI, the Regenerative Medicine Institute at NUI Galway, entered into a four year R&D collaborative programme for the development of groundbreaking new treatments for bone and joint diseases, such as osteoarthritis.
SolarWinds, of Texas, US, a leading provider of network management software, established its EMEA Headquarters at City Gate in Cork. The EMEA HQ, SolarWinds Software Europe Limited, was set up to develop and support the company's international growth.
Teleflex Medical established its European Headquarters in Athlone, Co. Westmeath. Teleflex Medical is a global medical technology company providing medical devices used in respiratory care, anaesthesia, urology and a range of surgical procedures.
VMware, the global leader in software for industry-standard virtualised desktops and servers, expanded its EMEA Technical Support Centre in Ballincollig, Cork.
Wyeth Corporation, one of the largest researchbased pharmaceutical and healthcare companies in the world, invested a further €24 million in the creation of additional dedicated R&D and process development facilities at its Grange Castle Biopharmaceutical Campus in Clondalkin, Dublin.