Ireland is the European location of choice for a growing number of multinational industrial engineering and technology companies involved in manufacturing, research and innovation activities.
Over 200 overseas companies in the industrial technology sector employ more than 23,000 people generating €4.7 billion in exports annually. Sectorial growth over the last decade is seeing the expansion of operations to serve EMEA markets. The uptake of disruptive Industry 4.0 technology is being driven across the industry sector through government supported initiatives.
The Engineering industry in Ireland is strong and vibrant. It supports a very broad range of companies in various fields and is a strong contributor to Irish exports.
Principle industry sectors include Automotive, Aerospace, Chemicals and Advanced Materials, Industrial Automation and Engineering Services.
Ireland plays host to both household automotive names such as Jaguar Land Rover and General Motors, as well as innovative tier 1 suppliers such as Valeo and Kostal. In recent times Ireland has developed its value proposition for some exciting automotive initiatives such as Connected Autonomous Vehicles, an area in which companies such as JLR, Valeo, Analog Devices, Aptiv and Cisco are heavily involved.
The Irish Aerospace industry numbers over 200 cutting edge multi-national companies employing 27’000 people. Ireland is internationally renowned as the leading location for Aircraft Leasing and has a world leading and business friendly aviation regulator in the Irish Aviation Authority
Chemicals manufacturing is at the heart of Ireland’s manufacturing industry. Companies in this sector produce finished products such as adhesives, sealants, paints, fertilisers, resins and other petrochemical products. The Irish chemical industry is viewed as being a high tech, high value sector.
Henkel Ireland, based in Ireland for over 50 years is a centre of Excellence within Henkel globally for the R&D and production of Acrylic,Anaerobic and Cyanoacrylate (Superglues) Adhesives.
Eight of the top 10 Industrial Automation companies have operations in Ireland, including Siemens, ABB, and Emerson. Engineering is an essential element supporting this increasingly important sector. Automation is central to all manufacturing and process control.
The Architectural, Engineering and Construction (AEC) services industry is expected to be one of the most dynamic industry sectors in the coming years. Multinationals such as Jacobs, Mott MacDonald, CH2MHILL, Aecom, Bilfinger and Wood Group are notable players in this industry and are spread across Ireland’s regions.
The Engineering sector in Ireland has a long history of leading the way in development and design. An impressive 42% of companies and over 1,000 employees are involved in engineering research and development. In order to support this critical function companies can avail of an R&D tax credit at 25% for all qualifying R&D activity. Strong R&D activities exist within companies as well as in collaborative projects with academic and applied research partners. R&D spend is more than €150 M annually.
The Engineering sector employs over 23,000 people directly, and many companies such as Liebherr, Henkel, Element Six, Sulzer and Thermoking have a long-established base in Ireland. Ireland is quickly developing into a hub for cutting edge research and development in areas such as IoT, Industry 4.0, Connected Autonomous Vehicles and more. Ireland’s universities and institutes of technology have 45,000 students enrolled in STEM fields at any one time. Ireland ranks 1st in the world in terms of Productivity in Industry and in the Flexibility and Adaptability of its workforce.
Overseas engineering companies are located in a wide variety of locations, with over 70% of operations based outside of the main cities of Dublin and Cork.
Explore publications, infographics and press releases on the current business landscape
Jacobs announced 200 new jobs for Ireland over the coming two years, as it unveiled a €4.5million investment in their office in Cork. The company, which provides end-to-end solutions for infrastructure, biotechnology, pharmaceuticals, semi-conductor, data centres and manufacturing clients, plans to fill the positions in Dublin, Cork and Belfast.
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.
Allstate Sales Group Inc. (ASG), a provider of turnkey engineering and construction services to the telecommunications industry today announced it is to establish software development and CAD support centres in Ireland, at locations in Waterford and Sligo, creating 200 new jobs over the three years. It is the company’s first operations outside the US.
Markforged, a leading manufacturer of industrial 3D printers, today announced the opening of its first official European headquarters in Dublin, Ireland, part of the company’s planned global expansion for 2019. Markforged is opening its new European headquarters with the support of the Irish Government through IDA Ireland.
Valeo, today announced it is to invest €44M in a major RD&I investment programme, which will build on the Group’s strong capability in Advanced Driver Assistance Systems (ADAS) and position them at the forefront of developments in autonomous vehicles. This investment will lead to the creation of 50 new R&D roles over the next three years, which will see its Irish R&D centre grow to over 500 people and become one of the largest R&D facilities in Ireland.
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.
Today Minister Heather Humphreys will open the European headquarters of Entekra™ in Monaghan town. Entekra will create 100 new high-skilled jobs in the area following an investment announced earlier this year in May 2018. These jobs will be in the areas of design engineering, finance, marketing and customer support.
Dublin, Ireland and Union City, CA – Sep 12, 2018 - Minister for Communications, Climate Action and the Environment, Denis Naughten TD visited Smart Wires HQ in Union City, California today where the company CEO Gregg Rotenberg confirmed the opening of Smart Wires’ European Headquarters in Dublin, Ireland. Smart Wires will create 40 jobs in Europe over the next 3 years with 10 of the roles being filled immediately in Engineering and Business Development.
Henkel Ireland today announced the opening of its new Innovation and Interaction Centre for Additive Manufacturing (3D Printing) in Tallaght.
IDA Ireland, the inward investment agency of the Irish Government has today reported a very strong first half of 2018.
Standex Ireland Ltd celebrated the 40th anniversary of the opening of its operation in Mountmellick Co Laois by holding a special anniversary dinner to acknowledge the valued contribution made by employees over that period.
Avery Dennison Corporation, (NYSE:AVY), a global materials science and manufacturing company, today announced plans to expand its medical product manufacturing operations in Longford, Ireland, increasing the Finesse Medical Ltd., facility’s end-to-end medical device manufacturing capacity and capabilities for its customers.
19,851 Jobs Created in FDI companies – third consecutive year of strong growth under current strategy
Global leader in innovative fastening technologies and solutions, PennEngineering®, has increased its presence in Ireland with the development of a new, 80,000² ft. facility located in Galway on the west coast. The development highlights PennEngineering’s commitment to its European customers and expanding its production capabilities.
Element Six, a world leader in synthetic diamond super-materials and member of The De Beers Group of Companies, has today announced the creation of a further 100 jobs at its Shannon facility as part of a €7million investment at the plant this year.
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