US firm announces cash boost for North

A US technology company today announced a £120m (€150m) investment in a factory in the North as it prepared to make nearly 1,000 workers redundant a few miles away.

US firm announces cash boost for North

A US technology company today announced a £120m (€150m) investment in a factory in the North as it prepared to make nearly 1,000 workers redundant a few miles away.

Seagate Technology said it was using the investment to turn its Derry plant into “the global technology leader in the production of read-write heads for hard disc drives”.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited