Irish investment in US hits record high

LINKS between Ireland and the US have become stronger since the financial crisis erupted according to a new report.

Foreign direct investment from Irish companies in the US hit a record $8 billion (€5.9bn) last year, bringing the total Irish investment in the US to more than $30bn for the first time.

It is also estimated that Irish companies employ 120,000 workers in the US — another record high.