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A recent €3.2 million contract is going to result in extra investment and employment at Microsemi in Clare.

Last week, the Ennis based multinational company announced it was awarded a €3.2 million contract under the European Space Agency’s General Support Technical Program (GSTP) to develop a cost-effective integrated motor drive solution for thrust vector control (TVC) in aerospace applications.

Minister for Trade, Employment, Business, EU Digital Single Market & Data Protection, Pat Breen stated that “Microsemi has confirmed that the contract will mean further investment and job creation at the Ennis plant which currently employs 270 people. This latest employment and investment announcement for Ennis follows on from other major jobs announcements by Vitalograph Ltd and CupPrint also within the county town.”

Paul Pickle (Microsemi President and Chief Operating Officer (COO), Shane O’Donnell (Senior Manager, Systems Design & Aerospace CoE, Microsemi), Pat Breen (Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection), Leo Clancy (Head of Technology, Consumer & Business Services, IDA Ireland)

Breen praised the IDA for lowering unemployment numbers in the county. “Thanks to the work of the IDA County Clare continues to attract oversea investment, where there are 68 IDA Ireland client companies employing a total of 6,775 people. The level of FD, employment in the county has increased by almost 12% since 2013”.

“IDA Ireland, in promoting Clare as an investment destination, markets the county as part of the mid-west region along with Limerick and north Tipperary. The overall trend for employment in multinationals across that region is positive, with the agency’s client companies creating 1,481 new jobs there last year. That represented an increase of 5% over the previous year”.

“It is worth noting that not all jobs created in Ennis and Clare make headlines. Local entrepreneurship is also having a significant effect on employment figures in Ennis. Last year a total of 52 jobs were created in Local Employment Office supported micro enterprise in Ennis, bringing the total number employed in Ennis in LEO supported micro business to 271,” the Fine Gael TD concluded.

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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.