Johnson & Johnson eyes Cork

CORK is in competition with Singapore and Puerto Rico for a potential multi-million euro investment by global pharmaceutical and healthcare company Johnson & Johnson, with the potential to create several hundred jobs.

Teams of Johnson & Johnson executives and consultants have visited the three locations over recent months and a final decision is expected from Johnson & Johnson's main board "within weeks".

The decision process is understood to be at a very sensitive stage and those promoting Ireland's case believe Cork has an excellent chance of securing the project.