Ireland ranked fourth for US investment

IRELAND is now one of the top five most important destinations in the world for the United State’s $29 billion manufacturing investment annually.

Ireland has climbed from eight to become the fourth most important destination for US manufacturers investing overseas, according to a study by Deloitte.

The study, Globalisation Divided? Global Investment Trends of US Manufacturers, found that US FDI to Ireland jumped from $1.26bn in 2001 to $2.25bn in 2003 and the upward trend continues into 2003.