Hot topics close

Cork set for new jobs with $20m investment from US company

Microchip Technology to create a new development centre near the city centre

US-headquartered company Microchip Technology is to invest $20 million (€16.4m) to create a new development centre based in Cork.

The new facility will open during the first quarter of this year. The development will create 60 new jobs over the next three years and about 200 jobs within the next seven years.

The creation of jobs will include engineers for integrated circuit design and testing, hardware and software system design, applications development plus field and customer support.

The company said the centre would build on Microchip’s existing presence in Ireland, which is a mix of operations in Dublin, Cork and Ennis, and boost its pool of engineering talent across key skills.

Located close to the city centre, the new facility will incorporate an engineering lab to support “state-of-the-art innovation” and extend Microchip’s regional customer support.

Close partnerships with Irish universities will enable the Microchip development centre to offer internships and collaborate on key next-generation initiatives.

IDA Ireland said the partnership between the development centre and universities will “enhance the knowledge base and skill levels of engineers in the semiconductor development space in Ireland”.

IDA Ireland chief executive Martin Shanahan said the announcement by Microchip was “very welcome”.

“The company’s investment in a new development centre aligns with IDA’s strategy to attract engineering development activity to Ireland and to secure investments for regional locations,” he said. “I wish Microchip every success with this initiative.”

Similar news
  • 'People I love may be put at risk' Penny Dinners' Caitriona appeals to Leesiders to stay away from lockdown protest
  • New school, homes, and shops under plans for new suburb in Cork city
  • 'I'm asking those who are going to think of those who are struggling': Public asked to stay away from planned ...
  • City Council 'delighted' as 600 homes planned for Cork's northside go to tender
  • 'There's no point shutting an entire industry, then letting new variants in the back door' - Cork café owner
  • Cork café owner calls on Taoiseach to 'lead' through extended lockdown
  • 'Every day we saw coffins as they pulled away': Eight die of Covid-19 at Cork's St Finbarr's Hospital
  • Cork Community hospital has eight Covid deaths in January
  • Significant drugs seizure on Cork's northside
  • Gardaí investigate body of woman found in burning car in North Cork
  • Cork's Marina to get multi-million euro upgrade
  • Cork woman tells how she lost five stone after she was mocked for her weight
  • Cork home first to be connected to new high speed broadband network
  • Price of average three-bed house in Cork city due to rise by around 5%
  • Man (80) killed in Co Cork road crash
  • Teenager jailed for stabbing another teen with bottle
  • Former Cork scout leader David Barry charged with sexually assaulting boys
  • Flood warning issued for Cork city for the coming days
  • Busy Cork road closed-off following serious collision
  • Cork 'carnival' scenes 'cause for concern', says health expert