Limerick offers opportunities across a diverse range of industries. Our forecast future growth and prosperity, particularly in key sectors, continues to attract interest from investors around the globe.
The region’s FDI base is concentrated at the National Technology Park adjoining the University of Limerick Campus, at the IDA Raheen Business Park and at locations adjoining Shannon International Airport.
The National Technological Park is located 6km from Limerick city. It covers an area of 650 acres and is the location for 80 organisations employing over 3,000 people including Cook Medical and Vistakon.
The Raheen Business Park (440 acres) also has many excellent property options and is home to Analog, Dell Regeneron and Stryker among others.
Multinational companies employ over 14,000 staff in the Mid West of Ireland. It is home to 115 IDA client companies with particular emphasis on the ICT, Life Sciences, Engineering and Content, Consumer and Business Services sectors.
World ICT leaders such as Dell, Analog Devices and Intel, have a long history of development in the Limerick region.
The arrival of Regeneron, Biopharma and Ethicon Biosurgery in 2014 boosted an already strong Life Sciences sector that features Johnson & Johnson, Zimmer, Stryker and Cook Medical.
New patterns of employment are also emerging across new sectors – with companies like KEMP Technologies and ACMS Group expanding at a rapid rate. Northern Trust also has a very significant presence in Limerick.
Limerick has much strength in its food sector including the improved diversity in Limerick’s food offering in recent years, a growing food producer base, new emerging food festivals and new enthusiasm from food stakeholders.
Limerick City & County Council Food Strategy for Limerick 2016-2018', is targeting 6% additional growth for the local food tourism sector and 10% additional sales growth for producers.
With a strong focus on the food sector and new commercial activity, it is projected that up to 86 new jobs will be created by the end of 2018.
The three-year strategic plan has identified a number of new opportunities for growth in the sector including a food tourism link to the Wild Atlantic Way and harnessing the expertise which was gained during Limerick City of Culture in 2014.
Film & Media
The development of Troy Studios in Limerick – worth an estimated €70m for the local economy - will see 340,000 square feet of high specification sound studio and support facilities for film and television productions, providing the perfect set up for large scale movies and/or high end television series.
Troy Studios has already struck a global marketing deal with Pinewood Group - the International Film and Television Company linked with lucrative film franchises such as Star Wars and James Bond.