Manufacturing & Supply Chain

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Eir reports rise in revenue

Eir has reported a rise in revenue and earnings for the three months to the end of March. The telecom company’s revenues  were up 3% to €321m, with earnings before

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Manor Farm to spend €25m on 5 year expansion

Manor Farm is set to spend €25 million to expand its facility in Shercock, Co Cavan. The expansion is planned to take up to five years to complete. The expansion also brings good

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Fyffes increases its target earnings for 2016

Fyffes has increased its target earnings ranges for 2016 and has said that its existing business has performed in line with their expectations so far for 2016. In a trading

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Intel’s Irish workforce to be affected by job cuts

Intel is set to cut hundreds of jobs from its Irish workforce as part of a global restructuring by the computer chip giant. A week ago the company announced that it

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Tech Connect Live, Ireland’s Largest Technology Event

Tech Connect Live, Ireland’s largest technology event takes place in the RDS in Dublin on Wednesday the 25th of May. Visitors to the 2016 Conference will get the chance to

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C&C strikes deal with Mahou San Miguel’s India unit

Drinks group C&C has announced a new partnership deal with Spanish-headquartered Mahou San Miguel. C&C have struck an agreement to brew several Tennent’s products under licence in India. The deal comes

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Kellton Tech to establish its EMEA HQ in Drogheda, creating 100 jobs

Minister for Jobs, Enterprise & Innovation, Richard Bruton TD, today announced that Kellton Tech Solutions Limited, a global IT company, is to establish its EMEA headquarters in Drogheda, Co. Louth,

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Shoe company to create 28 jobs in Ireland

Athlete’s Foot, a new shoe company for Ireland has announced it is to create 28 new jobs. The global footwear company has announced plans to open four new shops in Ireland

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Damovo reports strong results for full year to 31st January, 2016

Damovo, a leading enterprise communications solutions and services provider, has today reported €92 million in revenue and underlying profitability growth of 24% in its first full-year results since it was

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Entrepreneurship from across Ireland and the UK represented in Virgin Media Business VOOM 2016

One of Ireland’s and some of Britain’s most colourful and cutting edge entrepreneurs gathered in London to celebrate business creativity in the Virgin Media Business VOOM 2016 competition. One of

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Kerry Foods reaffirms guidance growth for 2016

Kerry Food Group has said it is confident of delivering 6-10% growth after reporting in a 2.9% growth in business volumes in the first quarter. The group which makes Dairygold, Dennys and

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Glanbia total group revenue falls by 2.5%

Glanbia total group revenue fell by 2.5% in the first quarter sales. The nutritional group said the fall was mainly due to declines in its Global Ingredients sector where the falling milk

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Proctor & Gamble reports rise in third-quarter results

Procter & Gamble fiscal third-quarter results were jumped as cost cuts and a gain from the sale of its Duracell business offset the negative hit from a strong dollar. Net income

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Property prices rise for the first time in 5 months

New figures from the Central Statistics Office show property prices rose slightly in March for Dublin showing signs of growth in the sector for the first time in five months.

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Toshiba takes $2.3 billion writedown

Japan’s Toshiba Corp said on Tuesday that it booked an impairment charge of $2.3 billion for the past financial year on U.S. nuclear unit Westinghouse, a much-anticipated move to address

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Obelisk Group secures €6m investment

Obelisk Group has secured a €6m investment to help fund the expansion of its telecommunications and power infrastructure sectors in the UK and South Africa. The BDO Development Capital Fund provides development

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Ardagh Group agrees deal with Ball Corporation

The Ardagh Group has agreed a €3.05bn deal with Ball Corporation and Rexam to purchase a metal beverage can manufacturing assets from the two firms. The companies will sell some metal

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Life Sciences in Ireland Prepare for Industry 4.0

Manufacturing software specialists, Seabrook Technology Group, is hosting the first Preparing for Industry 4.0 conference for life sciences industries in Dublin today. It follows successful conferences held by Seabrook in

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Exploring Carten’s BNW Series Weir Diaphragm Valves, designed manufactured and supplied from our Waterford facility

Together with Fujikin, Carten design, manufacture and supply customised media flow solutions by utilising products from Carten-Fujikin’s global network that deliver efficiency, reliability, safety and performance to specification and global

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Microsoft reports poor results

Microsoft has reported results that fell short of analysts’ expectations, showing its high-profile cloud business cannot quite make up for a slowing personal-computer market. Shares fell 5% in after hours’

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Starbucks cafe sales growth falls short

Starbucks Corp on Thursday posted quarterly cafe sales that missed analysts’ growth estimates for every region where it operates and issued a disappointing full-year forecast, sending its shares down about

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Merck to create 70 jobs for Cork

70 new jobs are to be created at Merck in Co. Cork. The announcement comes after the medical science and technology company officially opened  their new manufacturing and R&D facilities at

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OPKO Health Expansion to Create 200 Jobs in Waterford

OPKO Health Inc. (NYSE: OPK), a diversified healthcare company, today announced plans to create 200 highly skilled jobs over the next five years through expanding the EirGen Pharma facility in

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Ralph Lauren to establish new eCommerce hub with the creation of 8 jobs

Ralph Lauren Corporation, one of the world’s most widely recognised families of premium lifestyle brands, announced today the establishment of

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Topaz creating 28 jobs with new €6m investment

Forecourt retailer Topaz has announced 28 jobs through a €6m investment in two service stations. The retailer has recently redeveloped

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A new Chapter for Plant Design and Factory Layout Planning

CAD Schroer releases the result of years of research, analysis and development with the latest generation of MPDS4 R6. The

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Ness Supports Alfresco Software within the Enterprise Content Management Market

Ness Software Engineering Services (SES), a leading provider of software product engineering services, today revealed how it has contributed to

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Search Optics creating 100 new jobs for Dublin

Search Optics will create over 100 jobs in its new Dublin HQ over the next two years through the establishment of

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75 jobs to be created in two new Dublin service stations

Donabate is set to receive a new state-of-the-art service station as part of a €2m investment. The investment will create

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Intel to cut 12,000 jobs worldwide

Tech giant Intel has announced that it will cut 12,000 jobs of its 107,300 strong workforce worldwide. The company currently employs around

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Heineken sales rise by 7%

Brewer Heineken sold far more beer than expected in the first three months of the year, helped by growth over the

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Ornua’s sales grow by 9%

Kerrygold producer Ornua is confident of delivering strong returns in the face of a challenging dairy market after growing its

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Oil prices fall after Doha talks fail

Oil prices fell today after a meeting between major producing nations failed to agree an output freeze, leaving the world grappling with

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Morgan Stanley’s quarterly profit falls by more than half

Morgan Stanley’s (MS.N) quarterly profit fell by more than half as the Wall Street bank’s fixed-income trading and investment banking

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One51 cancels planned IPO

Environmental services and plastics operator One51 surprised the market last night when it cancelled a planned IPO due to pressure

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Shire to expand biotechnology manufacturing capacity in Ireland

Shire plc (LSE: SHP, NASDAQ: SHPG) announces that it plans to expand its global biotechnology manufacturing capacity over the next

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38% increase in IT security breaches in 12 months

Research conducted by Experis, the company which specialises in IT, Engineering and Science recruitment, shows that IT security breaches have

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The Dow Chemical Company Invests in OxyMem’s Waste water Treatment Technology

The Dow Chemical Company, based in Michigan has invested in a small UCD spin-off which has developed a novel method

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A takeover by Sunny Hill for exploration firm Petroceltic has come to a close

A potential takeover by Sunny Hill a company owned by Petroceltic’s biggest shareholder Worldview has come to a close after the timing

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Glanbia accused of paying below market rate for milk

Glanbia has been accused of paying below the market rate for milk from its suppliers after it cut base milk

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Iput secures €150m credit facility

    Iput secures €150m credit facility

Iput has secured a €150m credit facility from Wells Fargo a US lender to help finance its various development projects and

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VMware adding to its Cork workforce

VMware is adding 40 jobs at its campus in Ballincollig Co. Cork. adding to its workforce of 800 people. The news

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Attendance Up One Quarter at SEAI’s Energy Show 2016

The Sustainable Energy Authority of Ireland’s (SEAI) annual two-day business-to-business event, The Energy Show 2016, was a huge success with

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123.ie to issues refunds to thousands of customers

123.ie, the Irish insurance company owned by the RSA, confirmed that around 8,000 motor policy customers had paid more than

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Poundland sees return to sales growth

UK discount retailer Poundland expects to return to underlying sales growth this financial year after its last one was hit

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Nestle’s first quarter growth beats expectations

The world’s biggest food company, Nestle has confirmed its full-year outlook after first-quarter underlying sales growth of 3.9% beating analysts’ estimates, driven mostly

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Science Foundation Ireland and Pfizer announce exciting new R&D programme for Ireland

Science Foundation Ireland and Pfizer today announced the recipients of the 2016 SFI-Pfizer Biotherapeutics Innovation Award programme. The collaboration between

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C&C asked to ‘repay loyalty’ over plant closure

Drinks giant C&C has been urged to find a buyer for its Shepton Mallet mill in Somerset after its announcement that it

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Slack to create 80 jobs at new Dublin hub

Slack is to create 80 jobs in Dublin over the next two years, bringing its workforce to 180 employed in Dublin. The company

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Tesco returns to full year profits

Supermarket giant, Tesco’s has reported a bottom-line pre-tax profit of £162m for the three-month period to the end of February, the first

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Euro General reports a €1m pre-tax loss

Euro General has reported a €1 million pre-tax loss last year. Expansion costs and a €1.25m write-off in a subsidiary resulted

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Another World’s First for Prysmian’s Flextube®

Prysmian, world leader in the energy and telecom cable systems industry, has marked the launch of local manufacture of its

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Alcoa to cut jobs due to mixed quarterly results

US aluminium giant Alcoa posted mixed quarterly results Monday, as commodities prices dragged on sales ahead of a planned company

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Craft beer prices to rise on hop shortage

Craft beers will soon be much more expensive after the price of hops soared due to the dry and hot weather blighting

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HUBER+SUHNER meets future capacity needs with launch of IANOS® fiber management system at Data Centre World [RealWire]

Leading international manufacturer of components and systems for optical and electrical connectivity, HUBER+SUHNER, today announced the launch of IANOS®: a

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SEAI calls on organisations to build on €1billion energy savings

The Sustainable Energy Authority of Ireland (SEAI) today called on organisations to build on the €1 billion in energy savings

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Microsoft backs new EU-US Privacy Shield

Microsoft has become the first United States tech giant to sign up for the EU-US Privacy Shield. The company has

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Irish beef exports to the US worth just €6m

700 tonnes of beef were exported to the US since it lifted its ban on importing beef from Ireland over one

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