Investment by Intel in Leixlip tops $5bn

Over the last three years, Intel has invested €3.64bn ($5bn) upgrading its fabrication centres in Leixlip while supporting a workforce equal to the population of Youghal.

Intel Ireland general manager Eamonn Sinnott said: “It is hard to get your head around figures on this scale. We commissioned a PwC report to help us understand the economic impact of the investment. On average, Intel contributed €880m every year to the Irish economy and supported more than 7,000 jobs, which is more than all of Youghal,” he said.

The company was marking the 25th anniversary since it first met with the IDA. Its investments, Intel said, had secured the future of more than 5,200 people who work in Intel-owned companies in Kildare, Shannon, Belfast, and Cork.