Fine Gael Cork South Central Deputy, Jerry Buttimer, today (Tuesday) welcomed the announcement of €50 million investment in Xilinix, Inc. in Dublin and Cork which will see 60 highly qualified positions being created.
“The decision by Xilinx to invest 50 million to expand its electronics engineering operations at the company’s Europe, Middle East and African headquarters is an acknowledgement of the strength of the company’s operation here and the talent of the workforce.
“This investment not only re-affirms Xilinx’s commitment to its Irish operations, it will also present golden opportunities for the highly-skilled sector, including PhD graduates, looking to secure employment. It is estimated that 45 positions will be made available for senior silicon and electronics engineering staff for the regional HQ in Dublin and the engineering centre in Cork. A further 15 positions will come on stream across a range of disciplines to promote the continued growth of the company.
“The development of the domestic market is key to turning the economy around. This can be done by ensuring that the impact of foreign direct investment is deepened here. For every foreign multinational that sets-up or expands in Ireland, the knock-on implication for our home-grown industries, that supply ancillary goods or services, is immense.
“The Government has been working tirelessly to restore our reputation internationally and to ensure that Ireland offers a competitive environment in which companies can flourish. While there is still much work to be done, we are beginning to see the result of these efforts in terms of the steady stream of investment that has been coming in over the last year.
“Encouraging growth and investment in the Research & Development sector, brings with it much sought after and highly-skilled jobs. This will ensure that positions are available for our well educated graduates which is crucial for Ireland’s future development and success. All those associated with announcement are to be commended for their efforts which send a strong signal to similarly placed companies worldwide.”