Dáil Éireann Debate, Tuesday - 1 February 2022
190. Deputy Matt Carthy asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of IDA supported companies based in County Monaghan; the year that each was established in County Monaghan; the number of employees employed in each in tabular form; and if he will make a statement on the matter. [4369/22]
View answerIDA Ireland recorded its highest increase in FDI employment in a single year in 2021. 53% - 133 of the 249 of investments won went to regional locations – with employment growth in every region of the country
The Border Region consists of the counties Donegal, Sligo, Leitrim, Cavan, and Monaghan. IDA Ireland supports 67 client companies in this region who collectively directly employ 8,721 people. In Monaghan, IDA Ireland supports 8 client companies who employ 430 people in total.
The FDI performance in the region has been strong over the past five years with employment among IDA clients increasing by 18% as traditional strengths in sectors such as Engineering & Industrial Technologies and Medical Technologies were complemented by new investments from the Technology, International Financial Services and Life Sciences sectors.
The following is a table of companies located in Monaghan and year of establishment. It is not possible to provide individual employment data for each company as this information is confidential to each company.
|
IDA Companies in Co. Monaghan |
Year Established |
|
Murray Design & Engineering Limited (MDS) / Terex Corporation |
2021 |
|
Entekra Ireland |
2018 |
|
Ex-cel Plastics Ltd |
2015 |
|
Computershare Governance Services |
2007 |
|
Windhoist Ireland |
2005 |
|
Norbrook Manufacturing |
1988 |
|
European Chemicals Industries |
1987 |
|
Gernord Ltd |
1969 |
In its new strategy, IDA Ireland will build on the strengths and competencies of the Border region. Additionally, IDA Ireland has recently completed the construction of an Advance Building Solution in Monaghan which the agency is actively marketing to potential FDI clients. In addition, and as part of its new strategy “Driving Recovery and Sustainable Growth 2021 to 2024”, IDA Ireland plans to deliver Advance Building Solutions in Letterkenny, Cavan, and Sligo over the strategy period of 2021-2024.
IDA will target 25 investments for the Border region in the period 2021 to 2024 and will continue to actively promote Monaghan as part of the wider Border Region value proposition.
