| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 Asia Economy


How to use our RSS feed

Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.


Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:


Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax 2008

Climate Change Reports

Global News

Bloomberg News

CNN Money

Cnet Tech News


Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News




Content Management by interactivetools.com.

News : Irish Last Updated: Apr 24, 2009 - 5:31:05 PM

Martin announces 75 new jobs for Limerick in two US investments; Says Limerick is playing a key role in supporting transition to a knowledge economy
By Finfacts Team
Feb 12, 2008 - 3:25:58 PM

Email this article
 Printer friendly page
  • Vistakon confirms €100m expansion
  • ChannelAdvisor opens European Office

Vistakon, Limerick.
The Minister for Enterprise, Trade and Employment Micheál Martin, TD, today announced that 75 jobs are to be created in Limerick with investments by two US firms.

Vistakon Inc, a division of Johnson & Johnson, is to invest €100 million, with the support of IDA Ireland in a further expansion of its manufacturing operation, which already employs over 600 people in Limerick.

ChannelAdvisor Corporation, a leading provider of e-commerce channel management solutions and services for Internet retailers, is to create 15 jobs with the establishment of a European Product Development and Business Support Centre in Limerick.

Welcoming both announcements Martin said they again underline that Limerick and the Mid-West are key locations for business.

“Only last week I was in Shannon to confirm an investment by Zimmer which will bring a further 250 new jobs to the Free Zone, while here in Limerick last year we had a number of significant announcements including those of ACI Global Tech, Rovsing A/S of Denmark and AR Europe.”

“Today’s announcements are both significant and show that Limerick is playing a key role in supporting our transition to a knowledge economy that will provide quality jobs for our people.”

Vistakon will be creating 60 new jobs this year in manufacturing, process development, engineering and quality.

Headquartered in Jacksonville, Florida, Vistakon Inc designs, manufactures and markets the ACUVUE range of soft disposable contact lenses, the world’s number one brand.

Martin said “We are delighted that Vistakon has chosen its Irish base for this manufacturing technology development centre. Vistakon is a flagship manufacturing operation in Ireland and its existing significant economic benefit to the region will increase greatly as a result of today’s announcement which will place the Limerick operation in a strong competitive position by producing next generation high value products for a growing worldwide market, while providing a solid foundation for future growth and nurturing of expertise.”

Johnson & Johnson Vision Care, (Ireland) Limited, trading as Vistakon Ireland, was established in Limerick in 1996 and exports to markets worldwide. Located at a state-of-the-art facility in the National
Technology Park, adjacent to the University of Limerick, the majority of the workforce has a third level qualification. Vistakon Ireland is one of seven Johnson & Johnson companies operating in Ireland, employing a total of 2,000 people.

Jim Canny, Vice President – Worldwide Supply Chain, Vistakon, said “This development is part of Vistakon’s aggressive growth strategy to capitalise on the global contact lens market’s huge potential. Limerick was chosen for this investment because of its track record in achieving targets and its success with a number of the company’s product development initiatives. We continue to work closely with IDA Ireland in our ongoing growth and development. With our experiences of Limerick, and of J&J’s experiences at its five other IDA-supported plants in Ireland, we are confident that the Limerick operation is the right choice for this investment.”

Martin also welcomed ChannelAdvisor Corporation, of the US, to Limerick. ChannelAdvisor is a leading provider of e-commerce channel management solutions and services for Internet retailers. It is
establishing a European Product Development and Business Support Centre in Limerick, with the support of IDA Ireland. ChannelAdvisor is planning to employ up to 15 people immediately and then expects to grow that number considerably over the coming years. Its products allow companies to develop Internet based retail operations through online marketplace sites such as eBay, Amazon.com, Overstock.com, Google and Yahoo!

The Centre will be responsible for software development, localisation, quality, systems, accounts, customer support, the redevelopment of existing European products and the creation of a common platform for US and European products. ChannelAdvisor, which is technologically very highly regarded within its industry segment, is a privately owned company from North Carolina, US. It employs around 300 people at locations in Research Triangle Park, Atlanta, Seattle, London, Melbourne, and Berlin.

Martin said “ChannelAdvisor is a superb addition to the base of digital media companies choosing Ireland to set up highly sophisticated technological operations. ChannelAdvisor made the decision to locate in Limerick based on the availability and compatibility of Ireland’s expertise and existing technology base. We are delighted that having completed a search for the most suitable location, they chose Limerick over strong competition.”

“Due to increasing demand for our solutions, ChannelAdvisor is excited about opening an office in Ireland and taking important steps to broaden our reach,”
says Ralph Kasuba, Vice President of Engineering.“With the opening of our new office, we believe ChannelAdvisor customers will benefit from the enhanced level of service we can offer.”

Vistakon, Limerick.
the minister for enterprise, trade and employment micheál martin, td, today announced that 75 jobs are to be created in limerick with investments by two us firms. >

-Principal article last on list below:

Related Articles
Related Articles

© Copyright 2009 by Finfacts.com

Top of Page

Latest Headlines
Ryanair revises up full-year profit guidance
AIB bank profitable in third quarter
Ryanair announces half-year profits up 32% to €795m
Ryanair benefits from improved customer service
Ryanair to buy 100 new Boeing 737 MAX 200
Finfacts server migration Thursday
State-owned Allied Irish Banks reports H1 2014 profit as bad loan charges plunge
Ryanair reports profit in its financial first quarter soared 152%
UK firm opens van dealership in Dublin
Ryanair reports 8% fall in full-year profit; US services to commence in 2019
Global Financial Centres Index: New York overtakes London; Dublin slips to 66 of 83 cities
Bank of Ireland reports “significant” improvement in 2013 results
Sale process of IBRC UK projects Rock and Salt completed
CRH says 2014 will be year of profit growth after reporting 2013 loss
Ryanair reports third-quarter loss
Irish Water says it saved €100m in setup costs
RSA Insurance fires two Irish executives for large loss/ accounting irregularities
Bank of Ireland will have to raise provisions by €1.4bn; AIB says it's "well capitalised"
CRH reports slightly improved third quarter
Central Bank says ownership of Newbridge Credit Union transferred to permanent tsb
Ryanair reports H1 profits rose by 1% to €602m
Dublin Web Summit: Irish Stock Exchange and NASDAQ OMX announce dual listing plan
Irish pension managed funds returned to growth during September
Dan O’Brien resigns as economics editor of The Irish Times
Central Bank says no action required on Anglo tapes revelations
Ryanair flew 9m passengers and Aer Lingus carried 1.1m in August
UK Competition Commission says Ryanair must cut Aer Lingus stake to 5%
CRH reports H1 2013 revenue dip and loss
Vodafone refunded UK after discovery of Irish tax haven deal
RBS reports half year profit; Ulster Bank posts reduced loss
Bank of Ireland cuts pretax losses in HI 2013 to €504m
Irish State-owned Allied Irish Banks reports losses of €758m in H1 2013
Service Announcement
Irish managed pension funds declined in June
VHI reports 2012 surplus of €54.3m; Health insurance made loss
Ex- Elan director says management / board "not competent to run a business"
Aer Lingus to put €140m in employees pensions fund; Ryanair apoplectic
Wednesday Newspaper Review - Irish Business News and International Stories - - May 22, 2013
Tuesday Newspaper Review - Irish Business News and International Stories - - May 21, 2013
Ryanair, Europe’s biggest low cost carrier, announced Monday record annual profits of €569m - - up 13%