News Irish News

Tuesday 22 May 2018

Hopes of bringing a new company to 'prime territory' site

Hewlett Packard's campus in Leixlip, Co Kildare
Hewlett Packard's campus in Leixlip, Co Kildare
Colm Kelpie

Colm Kelpie

Technology, pharmaceutical and engineering companies will be targeted as potential replacements for the Leixlip site.

The 1.2 million square feet, 200-acre site will be marketed by the IDA through its 19 international offices as a prime site for companies of scale looking for a base in Ireland.

Given its size, proximity to Dublin and access to the motorway, the site is regarded as "prime territory".

But despite its obvious attractiveness, there's no way of telling how long the process could take, providing little immediate comfort to the 500 workers at HP Inc that a quick solution can be found to keep jobs in the area.

IDA chief executive Martin Shanahan and senior executives travelled to Palo Alto in California in recent weeks in a bid to avert HP Inc's closure.

As well as the IDA, commercial property agents are likely to market the site.

Mr Shanahan described the decision by the company as "regrettable". He said: "In this instance, we had put forward proposals to ensure HP Inc's continued investment in Ireland, but it has not been possible to secure the site."

Irish Independent

Today's news headlines, directly to your inbox every morning.

Editor's Choice

Also in Irish News