There has been some great news in Limerick with the announcement that Cook Ireland will create 200 new jobs over the next five years as a result of a €25m investment. Cook Ireland currently employs 480 staff at Plassey Industrial Park in Castletroy and it is expanding its medical devices manufacturing and services facility. This expansion will establish Limerick as the only global plant manufacturing Cook’s new drug eluting stent.
On the negative side of things unemployment has reach an 11 year high in Ireland. This is a worrying downward slide as things across the globe do not seem to be getting any better in property, stock markets or credit.