*Photograph: Brian Arthur

ANALOG DEVICES is to triple its European wafer production capacity and create 600 jobs in a €630m investment in a research, development and manufacturing plant in Limerick.

Production capacity will be boosted at the new 45,000sq ft facility in Limerick. The Massachusetts-based firm makes chips that are used for industrial robots, 5G telecommunications equipment and automobiles. It has been located at Raheen Business Park, its European headquarters, since the mid-1970s.

An addition of 600 jobs will bring Analog’s total workforce in Ireland to over 2,000 people. The move follows a similar €100 million investment that ADI announced last year in a facility for innovation and collaboration.

Speaking about the investment, Analog Devices Ireland chief executive and chair Vincent Roche said: “Since 1976, Ireland has been a critical innovation center for ADI, thanks to its strong academic and research organizations, business ecosystem, and progressive government leadership. This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence. Through organic R&D and close collaboration with our customers and ecosystem partners, we are striving to solve some of the world’s greatest challenges and enable a more efficient, safer, and sustainable future”.

Taoiseach Leo Varadkar (FG) said the announcement was “really significant”. He stated, “This massive €630 million investment is great news for local employment with lots of jobs being created during the construction phase, and 600 high-end graduate jobs. It means a significant expansion in the size and scale of ADI’s research, innovation, and development, leading to new, highly innovative products. This investment will also mean lots of spin-off jobs and contracts for local SMEs and Irish-owned businesses. The future is digital. There can be no such future without microchips and it’s great that Ireland is such an important player in the supply chain”.

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If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.