Computer giant HP invests €21m in research and development facility

COMPUTER giant Hewlett Packard (HP) is to spend €21 million on a research and development facility at its plant in Leixlip, Co Kildare.

Computer giant HP invests €21m in research and development facility

The facility will develop new technology for use in the manufacture of inkjet printers and will benefit from IDA Ireland support. Tánaiste and Minister for Enterprise and Employment Mary Harney said the new investment showed Ireland was still a competitive location for multinationals to do business.

“The investment is a perfect fit for the government’s policy for the expansion of research and development in Ireland and the attraction of further high-calibre, knowledge-led activities,” she said. The government introduced tax incentives in the budget that targeted research and development and aimed to make Ireland more attractive for higher value-added activity.

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