Committed relationships

CLEAR AND CONSISTENT BUSINESS AND PERSONAL CORE VALUES HELP ALIGN ALL STAKEHOLDERS, BOTH INTERNAL AND EXTERNAL. THE SHARED VISION AND ALIGNED VALUES SERVE AS THE BASIS OF STRONG RELATIONSHIPS WITH IDA CLIENT COMPANIES AND THE COMMUNITIES IN WHICH THEY ARE LOCATED. WE PROFILE SOME OF THE COMPANIES REINFORCING THEIR COMMITMENT TO IRELAND.

MERCK, the leading science and technology company, is expanding its membrane and filtration manufacturing capabilities in Ireland. The company will invest approximately €440 million to increase membrane manufacturing capacity in Carrigtwohill and to build a new manufacturing facility at Blarney Business Park, both in Co Cork. The investment, which is the largest in a single site ever for the Life Science business, will create more than 370 permanent jobs by the end of 2027.

“Ireland is central to our strategy to drive long-term growth and expand our global leadership position in Life Science,” said Matthias Heinzel, member of the Executive Board of Merck, and CEO, Life Science. “The investment in Cork is the biggest site investment in the history of our Life Science business and will accelerate the delivery of the critical products, technologies and services our customers need to fight the world’s toughest health challenges, including Covid-19.” At Blarney Business Park, Merck is going to build a new filtration manufacturing facility for almost €150 million. Once fully operational, it will increase Merck’s global manufacturing capacity and supply customers producing both traditional and novel treatments and therapeutics. With the more than €290 million expansion in Carrigtwohill, Merck is adding a manufacturing facility for the immersion casting of membranes. These membranes support novel and gene therapies, as well as applications like virus sterilisation. The membranes also serve the Process Solutions business, which is one of the ‘Big 3’ growth drivers for Merck. Process Solutions markets products and services for the entire pharmaceutical manufacturing value chain. Merck aims to increase its Group sales to approximately €25 billion by 2025. To achieve this growth target, the company increased its total investments between 2021 and 2025 significantly compared with the period from 2016 to 2020.

The announcement follows a €36 million investment at the same site in 2021 for a second lateral flow membrane manufacturing product line, a key component in rapid antigen tests, which are used for the detection of Covid-19.

Merck’s Life Science business sector is continuing to invest in products and technologies across its portfolio that are key to manufacturing novel therapies and vaccines, including single-use solutions, high-potency active pharmaceutical ingredients (HP-APIs) and novel modalities, such as antibodydrug conjugates (ADCs) and viral and gene therapies (VGTs). Over the next five years, Merck will implement investment programmes worldwide. All expansion projects include clear targets for energy efficiency, water consumption and waste treatment to support Merck in meeting its goal to be carbon-neutral by 2040, in line with its sustainability strategy.

Merck

“Our highly talented team at the Letterkenny Centre has seamlessly integrated with our global delivery network, winning assignments from clients all over the world across multiple industry segments and driving our business expansion. We believe this Centre is a great touch point for Irish enterprises to engage with TCS for their growth and transformation journeys.”

Tata Consultancy Services

TATA CONSULTANCY SERVICES, one of the North West’s largest employers, recently discussed plans to further cement their Donegal Centre as a strategic hub to provide digital transformation, IT, and business services to clients in Ireland and across the world. TCS employs close to 1,400 people in Ireland across a range of high-skilled tech-related roles.

Deepak Chaudhari, Country Head, TCS Ireland said: “We are delighted to be part of the community at Letterkenny and contribute to its economic development. Our highly talented team at the Letterkenny Centre has seamlessly integrated with our global delivery network, winning assignments from clients all over the world across multiple industry segments and driving our business expansion. We believe this Centre is a great touch point for Irish enterprises to engage with TCS for their growth and transformation journeys.”

Earlier this year, TCS teamed up with the Atlantic Technological University (ATU) Donegal, Letterkenny to run TCS HackQuest Ireland 2022, an ethical hacking challenge event for students. The Tánaiste heard that this educational partnership to engage with young talent has led to up to 20 graduates in the TCS cybersecurity recruitment selection process, with the first ten starting work in June. With TCS continuing to grow strongly, further career opportunities are expected to open at the Letterkenny Centre, particularly in digital technologies, providing a much-needed boost to local employment and to the local economy.

Following his tour, Minister Varadkar spoke to the TCS team and thanked them for their important contribution to both the national and local economy and to the community at large.

Speaking on his visit to the TCS facility at Letterkenny, An Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD said: “It was a real pleasure to visit Tata Consultancy Services and meet with the team who have made a phenomenal contribution to Donegal, growing to be one of the North West’s largest employers. The success of the company is a testament to the incredible talent of the team here and their ability to remain agile and innovative in what is a really competitive global industry. It was great to meet so many of those that have made such success possible and I wish the team all the very best for the future.”

Strong business growth has led to an ongoing recruitment drive to find the right talent to fill open positions. According to Andrea McBride, Head of the TCS Letterkenny Global Delivery Centre, “The establishment and growth of TCS’s business in Letterkenny opens huge opportunities for local talent to pursue exciting career opportunities in one of the world’s fastest growing IT businesses and help some of the world’s

largest corporations solve their business problems. We are working closely with local education and training partners to prepare tomorrow’s workforce to take advantage of these opportunities.”

Denis Curran, Head of Regions, Property and Enterprise Development at IDA Ireland said: “Tata Consultancy Services is a leading employer in the North West region. The company is creating high value employment opportunities across a variety of technology disciplines including digital transformation, cyber security and cloud services. Tata’s future growth plans are a strong vote of confidence in the region’s ability to attract top technology talent. I wish the team here continued success and look forward to the ongoing partnership with IDA Ireland.”

TCS established its direct presence in Letterkenny in November 2020, following its acquisition of Pramerica Systems. WAYSTONE, the leading provider of institutional governance, risk, administration and compliance services to the asset management industry, announced that it is to substantially increase its Irelandbased workforce by creating up to 100 additional new roles in Cashel. The roles will span global operations and support functions.

Welcoming Waystone’s announcement, Minister for Trade Promotion, Digital and Company Regulation, Robert Troy TD, said: “I am delighted that Waystone plans to create up to 100 new roles at its Cashel site over the next 18 months. The successful growth that Waystone has experienced in recent years is reflective of the wealth of highly-skilled and talented people that the Mid-West region and Ireland more broadly has to offer. I wish the team every continued success in this new chapter.”

Nick Wheeler, Global Head of Centralisation at Waystone, comments, “Ireland has a strong and globally-recognised international funds and financial services industry with a wealth of highly-skilled professionals and we are delighted to be able to continue our expansion in Tipperary with the announcement of up to 100 new roles covering a wide array of financial services disciplines. Waystone’s Cashel-based operation is central to the Group’s international growth strategy and the quality of people we have employed has made our commitment and growth in Tipperary a very easy decision. Our Cashel operation reopened last month following a 4,500 square foot expansion and refurbishment, providing us with significant room for future growth. The facility now provides our growing workforce, with a high-grade, flexible workspace and feedback from staff has been extremely positive.”

Waystone also announced that its Dublin headquarters would be moving to a new flagship location in Dublin 4 later this year, where it will occupy four floors and 52,000 square feet of space in the prestigious 35 Shelbourne Road development. Waystone now has a presence in three locations in Irelan: its headquarters in Dublin, a Centre of Excellence in Cashel and more recently, Maynooth, following its agreement to come together with Centaur Fund Services.

Waystone

ERICSSON announced plans to hire 250 people at its Irish Research and Development Centre in Athlone to support the company’s ongoing development of innovative cloud-native products that orchestrate, automate and power its global 5G portfolio.

The highly-skilled roles, which include opportunities for software developers, data scientists, architects, cloud and mobile communication engineers at all career stages, will be added over the next three years. This project is supported by the Irish Government through IDA Ireland.

One of Ireland’s largest employers within software development, Ericsson has had a Research and Development (R&D) presence in Athlone since 1979. The Athlone facility, which is the global R&D headquarters of Ericsson Digital Services OSS (Operations Support Systems), currently employs 1,200 people developing its OSS and Cloud RAN (Radio Access Network) portfolio. Ericsson employs an additional 200 at its Dublin base.

Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD said: “This is really great news. Ericsson is expanding further, adding 250 new jobs to the 1,400 the company already employs here. These new jobs are in new areas in cloud-native technologies, providing some really exciting opportunities for the Midlands. It truly is a vote of confidence in Athlone and Ireland as a whole that such an internationally renowned company has chosen to make this investment. Thank you to Ericsson for their continuing commitment to our country and the Irish-based team who I know were crucial in the decision to bring this investment to Ireland.”

Denis Dullea, Head of Research and Development at Ericsson Athlone said: “This announcement underscores our global reputation as a world-class R&D software development centre. Our team here already play a critical role in the development of Ericsson products, services and solutions that enable Ericsson to deliver limitless connectivity that makes the unimaginable possible.

“We are hiring an additional 250 software developers, engineers and architects with cloud-native skills to enhance our capability to deliver the benefits of cloud-native technologies to our global customer base via our RAN, Management, Automation and Orchestration offerings.”

Mr Dullea added: “The investment is also good news for Athlone and the wider Midlands region. With strong ongoing partnerships with the IDA, the Irish Government and the recently established Technological University of the Shannon (TUS), we are excited to continue attracting and nurturing the best and brightest Irish and international talent to the heart of Ireland.”

Ericsson

TRACK RECORD

IRELAND HAS A PROVEN TRACK RECORD AS A SUCCESSFUL LOCATION FOR WORLD-LEADING ESTABLISHED AND HIGH GROWTH MULTINATIONAL COMPANIES FROM AROUND THE WORLD. ONE-THIRD OF MULTINATIONALS IN IRELAND HAVE HAD OPERATIONS IN THE COUNTRY FOR OVER 20 YEARS, ILLUSTRATING THE LONGEVITY, RESILIENCE AND COMMITMENT OF THESE COMPANIES TO IRELAND.

IRELAND IS HOME TO A MAJORITY OF KEY GLOBAL COMPANIES IN HIGH GROWTH SECTORS

9 OF THE TOP 10 US TECHNOLOGY COMPANIES. 20 OF THE TOP 25 GLOBAL FINANCIAL SERVICES COMPANIES

ALL OF THE TOP 5 GLOBAL INDUSTRIAL AUTOMATION COMPANIES 9 OF THE TOP 10 PHARMACEUTICAL COMPANIES

14 OF THE TOP 15 MEDICAL TECHNOLOGY COMPANIES

8 OF THE TOP 10 GLOBAL SOFTWARE COMPANIES.

BAXTER HEALTHCARE, a MedTech leader, celebrates 50 years of manufacturing in Ireland. The company’s Castlebar site, established in 1972 with just nine employees, today celebrates its more than 1,200 employees and 50-year legacy. A special event with An Taoiseach, IDA Ireland senior executives and global Baxter leadership recently commemorated the anniversary and the impact Baxter has had on its employees, the local economy and the healthcare sector in Ireland.

“We are very proud of all that we have achieved over the last 50 years in Ireland, with an extremely engaged workforce dedicated to providing products that help save and sustain patient lives across the globe,” said James Morrison, Baxter’s Castlebar Plant Manager. “We have continuously evolved our operations in Castlebar through the introduction of new products and technologies, which has kept us to the fore of Baxter’s global manufacturing operations for five decades. Over this time, our team’s resiliency and commitment has never wavered; most recently throughout the COVID-19 pandemic, our team continued its daily mission of producing life-saving therapies for our chronic and acute patients.”

Baxter’s Castlebar manufacturing site has steadily grown to become one of the largest production facilities for Baxter in Europe, producing more than 150 million products annually. It’s responsible for producing a range of medical solutions for renal dialysis therapy and drug administration purposes, which are exported to global markets including Europe, the U.S. and Japan. Since its opening 50 years ago, more than €350 million has been invested in the state-of-the-art facility and its neighbouring site in Swinford. Together, the manufacturing operations are a cornerstone of the employment sector in County Mayo, with more than 1,300 people currently employed across both plants.

“For half a century, Baxter Healthcare has made a substantial impact on the local economy and provided significant employment in Swinford and Castlebar, Mayo and the West Region,” said Mary Buckley, Executive Director of IDA Ireland. “Growing from just nine staff in 1972 to more than 1,200 today, Baxter Healthcare’s Castlebar production facility is among the company’s largest in Europe. IDA Ireland wishes to congratulate Baxter Healthcare on reaching this noteworthy milestone and wish to assure James, his team in Castlebar and the wider Baxter Healthcare operations of IDA Ireland’s continued partnership.”

Baxter employs nearly 2,000 people and has five sites across Ireland. The company’s longstanding commitment to Ireland is brought to life through its dedicated employees, who are passionate about meeting patient needs in hospitals, clinics and at home.

Baxter