

New facility will employ an estimated 4,300 workers





Intel clean room employees
[Image Source: Press Photographers Assoc. of Ireland]



Intel 14 nm fab
[Image Source: Intel]

The local Kildare County Council approved the plan in August 2012.




Comments     Threshold


RE: Great
By Samus on 1/25/2013 12:47:34 AM , Rating: 0
As long as the government doesn't F them over like they did to John DeLorean, they should be in good hands. Everyone knows how well the Irish work (when they're not drunk)

RE: Great
By diddleydope on 1/25/2013 3:30:34 AM , Rating: 2
Ireland actually has (believe it or not) one of the most highly educated and best trained workforces in Europe.

It0's the reason why there are multiple pharmaceutical and tech companies in Ireland doing ACTUAL R&D and production rather than just offshoring profits.

Just saying.

RE: Great
By alanmcm55 on 1/25/2013 7:24:15 AM , Rating: 3
So nothing to do with Ireland having half the business tax rate as the rest of the EU? IBM Intel and others have all threatened to leave Ireland if they have to pay 'normal' tax rates like every other company in the EU has to pay. Doesn't say much for their opinion of their Irish staff.

RE: Great
By maugrimtr on 1/25/2013 8:41:35 AM , Rating: 5
A) We Irish never work when drunk - we also have stiff rules about driving when drunk (despite some idiots from Kerry thinking this should be optional!)

B) Ireland is not a great manufacturing nation given we're not that far off from the US in terms of employee costs and the usual drivers of outsourcing to China. We lost Waterford Crystal, for example (please do not buy any unless it's clearly marked as actually made in Ireland!), to a private equity group who immediately moved nearly all the jobs to eastern Europe.

C) What manufacturing Ireland does focus on is of a technical nature which is why Intel are based here (and not simply using us as their Dutch Sandwich stopover for profits). You'll also find aviation engineering and maintenance groups, R&D centres for medical groups, and obviously a chunk of factories for the massive Irish agribusiness and food export industries. No car manufacturing - also the DeLorean problem is Northern Ireland's - not the Irish Republic's ;)

D) Ireland's 12.5% corporate tax rate does, obviously, help in any number of ways. And US companies will obviously threaten to leave whenever raising that rate is suggested. Luckily, US Companies cannot fund political campaigns or pump up the government with anonymous money so their mouthing is largely restricted to what ordinary citizens are capable of. In this particular case though, both US companies and Irish citizens are both overwhelmingly in favour of the 12.5% rate being preserved infinitely. Ireland will veto any attempt by the EU to introduce a common corporate taxation base.

RE: Great
By GotThumbs on 1/25/2013 9:00:39 AM , Rating: 2
Thank you.

You post was informative and I think it helped to squash some misperceptions.

While the Web is global, some people appear to have never traveled outside their town/city and have a very limited reality of life beyond their own countries boarders.

Best wishes and Cheers!

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RE: Great
By euclidean on 1/25/2013 9:26:00 AM , Rating: 2
Nice post. The company I work for just acquired another that was incorporated in Ireland. So they took that opportunity to re-incorporate the new, entire organization in Ireland as well.

One of the reasons: "...we will benefit from significant global cash management and associated financial benefits available to an Irish company."

So yes, I can only see more and more companies looking at ways to move their incorporation into Ireland...

RE: Great


RE: Great
By jtcarroll on 1/25/2013 5:32:40 AM , Rating: 4
DeLorean was in Northern Ireland and DeLorean was a crook.

Intel are in the Republic of Ireland.

RE: Great
By ClownPuncher on 1/25/2013 11:23:37 AM , Rating: 1
Spoken like an Englishman.

