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Minister Bruton on 5-day FDI mission to USA

5-city IDA mission to East, South and Mid-West to target investments from

world-leading and start-up companies in technology and life-sciences

The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, will

depart on Sunday 29th April to lead a five-day, five-city investment

mission to the East, South and Mid-West of the USA, to meet companies

considering investing and creating jobs in Ireland.

The IDA mission to Boston, Raleigh, Atlanta, Minneapolis and Chicago will

focus particularly on companies in the technology and health/life sciences

sectors, and the Minister will meet 19 companies ranging from start-ups to

multi-billion dollar world-leading companies.

During the five full days of the trip, the Minister, who will be

accompanied by Barry O’Leary, CEO of IDA Ireland, as well as other

officials, will meet 19 companies, including:

  ·9 technology companies, including 4 in software

  ·4 health/life-sciences companies

  ·Companies also in the food, business services, aviation and financial

     services sectors

  ·Companies with combined annual revenues of over $300billion and

     combined workforces of over 800,000 worldwide

  ·Companies with operations already in Ireland as well as companies who

     may be considering investing here for the first time

  ·Members of the US media

Before departing, Minister Bruton said:

“Foreign direct investment forms a key part of this Government’s strategy

for growth and jobs. Multinational companies are responsible for 250,000

jobs and over €19billion of direct spend in our economy, and a string of

announcements over recent weeks from world-leading companies including

Apple and Mylan shows that these companies increasingly see Ireland as a

location where they can invest and create jobs. Through the Action Plan for

Jobs we are determined to build on this, and develop deeper relationships

with more multinational companies to create more jobs”.

“During this busy week I will be meeting 19 companies from a wide range of

sectors who are considering creating new jobs in Ireland. When I meet

senior executives from multinationals like these, they are increasingly

impressed by what Ireland has to offer as a gateway to a stable European

market. They are generally interested to hear about Ireland’s skilled

workforce, our pro-business environment, our tax offering, our base of

multinationals already here, and also about any developments that might

affect our relationship with Europe. I look forward to hearing their

concerns and telling them that Ireland is open for business, open for

investment, and my hope is that this will lead to more jobs announcements

in the near future”.

ENDS

NOTES FOR EDITORS

This is the eighth major trade/investment mission the Minister has

travelled on since taking office, following:

  ·Three IDA investment missions, two to the USA east coast, one to the

     west coast

  ·Two Enterprise Ireland trade missions, one to Saudi Arabia and India,

     one to the south-eastern USA, accompanied by a total of 80 Irish

     companies looking to break into new export markets

  ·A 7-day joint IDA/EI mission to China led by the Taoiseach

  ·A Saint Patrick’s Day trip to the west coast of the USA, which

     included several meetings with IDA and EI target and client companies

Extracts from the Minister’s schedule as follows:

Sunday, April 29th 2012

16:15Arrive Boston

Monday, April 30th 2012

07:00Meeting with Health/Life Sciences company

09.30Meeting with technology/chip development company

11.00Meeting with technology/voice recognition technology company

12.30Meeting with technology/software company

15.00Meeting with technology/software company

18.40 Flight Departs for Raleigh, NC arriving at 20:55

Tuesday 1st May 2012

08:00Meeting with technology/communications company

09:15Meeting with technology/software company

11:30Lunch meeting with technology/software company

14:45Fly to Atlanta (arrive 16:15)

19:00Dinner with target company

Wednesday 2nd May 2012

09:00Meeting with technology company

12:05Fly to Minneapolis (arrive 13.45)

15:30Meeting with food company

16:45Meeting with health/life sciences company

Thursday 3rd May 2012

09.00Meeting with business services company

10.30Meeting with health/life sciences company

13:10Fly to Chicago (arrive 14:30)

16:00Meeting with health/life sciences company

19:30Dinner with existing and potential IDA clients

Friday 4th May 2012

08:00  Meeting with member of US media

09:00 Meeting with technology/e-commerce company

10:30Meeting with target company

12:00Lunch with financial services company

13:45Meeting with financial services company

15:00Depart for Airport

18.45Return to Dublin