LAST week’s announcement by the Kerry Group of its €100 million investment in Naas and the creation of 900 plus jobs is a much needed shot in the arm to the local and national economy.
It represents a massive coup the midlands region.
The new flagship global technology and customer innovation centre will be state-of-the-art.
The Kerry Group has indicated that it will provide their customers with access to the Group’s depth of technologies, scientific research, innovation and applications expertise across food, beverage and pharmaceutical markets.
For the local economy the Kerry Groups’s move represents a huge vote of confidence, and businesses will benefit from the many attendant spin offs.
The decision to locate this plant in this region confirms many of the strengths we possess in terms of location and infrastructure.
In this context Laois has often been overlooked, and our positives once again need to be re-emphasised.
On a wider scale the siting of the global technology and innovation centre on 28-acres at the Millennium Park is a beacon for the domestic economy.
One of the most successful Irish companies has confirmed Ireland’s position both as a global technology hub, and its thriving agri-food sector.
These are the two strongpoints of our economy just now, and they represent strong platforms on which recovery can be based.
They will drive the economy going forward, and let’s hope that the Kerry Group’s announcement is only the beginning.