Jobs in IDA Ireland client companies in the Midlands region grew by 40% over the course of IDA’s strategy ‘Winning 2015 – 2019’. Regional Investments increase by 50% over the past 5 years. 44% of all investment won in 2019 went to the regions.
Published: 9th January 2020
At the announcement of IDA Ireland 2019 results, it was revealed that 2019 was another very good year for Foreign Direct Investment (FDI) in the Midlands region which saw a net figure of 495 new jobs on the ground in 2019, while a total of 6209 people are employed by IDA Ireland client companies in the region.
44% of total investments went to regional locations in 2019, the highest share over the period of IDA Ireland’s strategy Winning – Foreign Direct Investment 2015-2019. A 50% uplift in investments for regions was recorded over the course of the five-year strategy.
Speaking today about the results for the Midlands region, Denis Curran, Divisional Manager Regional Development in IDA Ireland said – “We set out in this strategy to achieve a 30-40% uplift in investments for regional locations and we have achieved that in every region and exceeded it in some regions. It’s proof that our focus on regions is paying off and this will continue in the upcoming year.”
Regional Business Development Manager for the Midlands Region, Ken Whitelaw said: “The Midlands Region has a strong value proposition and that has helped us in winning FDI for the Region in recent years. 2019 was another good year for the Midlands with, for example, the announcement by Greenfield Global of 75 new jobs at its EU manufacturing headquarters for Portlaoise and the official opening of Center Parcs €233m development in Longford. These new investments coupled with IDA Ireland’s existing base of companies are making an important contribution to the local and regional economy. The Midlands is an attractive location to live and work and IDA Ireland will seek to build on the successes of recent years into 2020 and beyond, in partnership with the other stakeholders in the region.”
Highlights for 2019 include -
Greenfield Global (9th April 2019) Greenfield Global Inc., Canada’s largest producer of alcohol and fuel ethanol, and one of the largest alcohols and solvents companies in North America, announced plans to establish a new 3,800 sq. metre EU manufacturing headquarters on IDA’s Business and Technology Park located in Portlaoise. The project is expected to create 75 high-quality jobs over the next five years. The new roles will be in a range of operations; production, quality, supply chain, and sales functions and an additional 100 jobs are expected to be created during the construction and fit-out phase of the project. Company expects to be operational in Q2, 2020.
Center Parcs (5th July 2019) An Taoiseach Leo Varadkar and Martin Dalby, CEO of Center Parcs hosted the Official Opening of Center Parcs €233 million development at Longford Forest, Ballymahon, County Longford. Up to 2,500 guests can be accommodated across the 466 lodges and 31-bed apartment. 1,000 people have been hired to run and manage the 400 acre Parc and leisure centre.
Huawei (27th August 2019) announced that they are to invest €70m into its Irish R&D operations over 3years. Huawei made the announcement from their HQ in Shenzhen, China. They have 3 facilities in Ireland, including one in Athlone, where they currently employ c.10people. Their additional facilities are located in Dublin & Cork.
EJ Ireland (17th October 2019) 5th generation family owned company headquartered in Michigan, USA, celebrated the official opening of its new production facility in Birr, Co Offaly
IDA Press Release: 9th Jan 2020