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Wednesday 26 July 2017

Golden handshake that marked $5bn deal

It was the handshake that celebrated the biggest industrial investment in the history of the State – an eye-watering $5bn (€3.6bn) expenditure by Intel on its Irish plant over the last three years.

It brings to $12.5bn (€9.1bn) the total investment by the chip manufacturer in its Leixlip, Co Kildare, plant over the last 25 years. The company now employs 9,500 people there.

Intel president Renee James told Taoiseach Enda Kenny the firm intended to make the plant Intel's "leading edge" facility. "We have a fabulous relationship with Ireland," she said.

Full story: Pages 4&5

Irish Independent

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