The Manufacturing sector has been transformed over the past twenty years by globalisation, technology and the growth of emerging markets. Ireland has responded to these fundamental changes by moving its Manufacturing facilities and activities up the value chain in order to become the strategic hub of choice for global companies.
Global companies in the Life Sciences, ICT and Engineering sectors, like Merck, Apple and ABB, have decades of experience in Ireland. Each one has capitalised on Ireland’s swift response to the need for higher-value capabilities and expanded their Manufacturing operations in Ireland to span the full range of business functions.
Ireland has developed a high level of plant engineering and large-scale construction expertise. It also has the experience and skills to manage outsourced production on an international scale. Such a solid and deep skill base has earned Ireland an excellent reputation as a centre of Manufacturing excellence, Logistics planning and Advanced Manufacturing management practices.
The successful transition from Manufacturing to Advanced Manufacturing capabilities was achieved by targeting high-value Manufacturing operations that are knowledge, capital and skills intensive. A highly adaptable, creative and innovative workforce was a key element behind this successful transition.
This high-value sector demands the addition of value across the whole product lifecycle from Research and Development to Design, Distribution, Marketing and Support Services. Building and sustaining competitive advantage requires advanced skills, expertise and experience, which Ireland's high-skills, knowledge-based economy delivers.
Explore the current business landscape in Ireland and see what's happening on the ground now.
CORK CITY, IRELAND and PLEASANT GROVE, UTAH – MAY 29, 2020 – doTERRA, the world leader in essential oils and wellness products, is set to create up to 100 new jobs in the northern suburbs of Cork City over the next three years with the opening of the company’s first manufacturing facility outside of the United States.
Ireland is the leading destination for pharmaceutical activity, 85+ biopharmaceutical companies call Ireland home, Ireland is the third largest exporter of pharmaceuticals globally and 50 FDA-approved manufacturing plants are located here.
Ringaskiddy, Co. Cork, Ireland, October 7, 2019 - Janssen Sciences Ireland UC, part of the Johnson & Johnson family of companies, today officially opened its new manufacturing building in Ringaskiddy, Co. Cork. The company has operated a biopharmaceutical supply chain facility on its 40-hectare site in Ringaskiddy since 2005.
Everything you need to know about investing in Ireland in 2019 including information on economy, talent, tax, commercial property and more.
An Taoiseach Leo Varadkar TD on Friday last performed the official opening of Fort Wayne Metals new 45,000 sq. ft. manufacturing facility which will lead to the creation of up to 80 new jobs over five years.
Every company that wants to grow will reach a point where it needs to expand into new markets. Doing it right means setting up operations closer to those customers.
It’s a big step, but it’s one that many others have taken before. For this blog, we spoke to senior leaders at leading tech companies that expanded into Ireland. They shared their advice on getting a fast and frictionless start, with five practical tips for others planning to grow their business internationally.
Leading Contract Manufacturer Expands Newly Acquired Avenue Mould Solutions with Plans to Create Over 200 New Jobs
Zimmer Biomet, is celebrating a decade in Ireland. A leading employer in Shannon and Oranmore, Galway, the company’s footprint in Ireland now features two state-of-the-art manufacturing facilities plus a professional education centre that attracts healthcare professionals from around the world.
ALPS Electric (Ireland) Limited celebrated its 30th Anniversary at its facility in Millstreet, Co. Cork.
ALPS Electric (Ireland) Limited was founded in Millstreet Town, County Cork in 1988 as a manufacturing base of ALPS Customers in Europe. Today ALPS Electric (Ireland) Limited employs over 700 people in Millstreet Town. The Facility has 56,000 square feet of world class manufacturing space and including SMT, moulding, decorative parts painting and lasering marking capabilities.
An Taoiseach Leo Varadkar TD, Minister for Business, Enterprise and Innovation Heather Humphreys TD and IDA Ireland today welcomed the announcement that MSD is to construct a second manufacturing facility at its existing site in Carlow with the creation of 170 new jobs.
Harmac Medical Products Inc., a leader in the international contract medical device market, today marked its 20th anniversary in Castlerea with a special celebration for staff and guests.
Harmac Medical Products Ltd. was established in Ireland in 1998 to meet the service needs of its international client base. The facility strategically positions Harmac as a world-class medical device manufacturer by providing a direct presence in Europe.
19,851 Jobs Created in FDI companies – third consecutive year of strong growth under current strategy
Martin Shanahan, CEO of IDA Ireland said: “This has been a fantastic week for job creation in IDA client companies with 1000 jobs announced across a variety of sectors In Limerick, Cork and Dublin.”
Michael Lohan is Head of Medical Technology & Healthcare Services at IDA Ireland. In this role, he is an ambassador spreading the word about Ireland's opportunities to medtech and biotech companies around the world. IDA Ireland is proud to be a platinum sponsor of The Med Tech Conference since 2007. Come visit IDA Ireland at booth #323. In the second part of this two-part blog, Lohan concludes his discussion about why American medtech companies have been choosing Ireland as their European base of operations.
A winning proposition for global business services
Ireland’s attraction to multinational corporations is based on a variety of factors, from low tax to the quality of the workforce.
Successive governments have taken action to sustain Ireland’s pro-business, low-tax business environment, maintaining the 12.5% corporate tax rate and attracting new investment through measures such as the recent increase in the flexible Research, Development and Innovation (RDI) tax credit to 25%.
World-class academic institutions collaborate with multinationals in a dynamic RDI sector that has helped build Ireland’s reputation for research talent and innovation.
Workers and managers have developed high-level skills and experience operating multinational manufacturing facilities, earning a reputation for flexibility, creativity and productivity along the way.
Irish Manufacturing subsidiaries are continually evolving to meet the changing and challenging needs of the environment they operate in and the ever-increasing competitive pressures. In response they continue to develop their capabilities and move up the value chain to take on higher-value, knowledge and capital-intensive activities.
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