FOUR healthcare companies are planning a €30 million wind turbine project in Cork Harbour because of the high price of electricity.

IDEAL for captains of the high seas coming home to land, Mount Alto in Cobh has been home to captains of industry instead for the past decade or so — it has been a corporate let to MDs of businesses like Heineken and Centocor.

BUSINESSES in the southern region stand to lose hundreds of millions of euro if there is any long delay in opening the Port of Cork’s proposed container terminal in Ringaskiddy, it was warned yesterday.

JOHNSON & Johnson has announced plans to eliminate 3-4% of its global workforce of about 120,500 people as part of an effort to improve its cost structure.

ENTERPRISE Minister Micheal Martin yesterday insisted that the recent spate of job losses in Cork did not require a task force to deal with what opposition parties painted as a looming crisis.

ENTERPRISE Minister Micheál Martin has said he hopes the 350 workers who are to lose their jobs at Motorola can avail of some of the 2,800 jobs announced in the past 12 months by the IDA in the Cork region.

THE world’s largest health care product manufacturer, The Johnson & Johnson (J&J) group, yesterday took its first steps towards sponsoring a number of customised courses in partnership with Cork Institute of Technology (CIT).

A Cork-based engineering company has just announced that 40 highly skilled jobs are to be created in the area in the science and engineering sectors.

CORK has received another jobs’ boost as a further 120 jobs could be created by a US biopharmaceutical giant in Ringaskiddy.

ONLINE retail giant Amazon plans to create up to 450 jobs in Cork as part of a major expansion of its Irish operations.

THE IDA was cleared to give a €48.25 million grant to Johnson & Johnson’s new Cork plant, Centocor, by the European Commission yesterday.

A US-STYLE project aimed at encouraging students in disadvantaged areas to stick with education was introduced in Ireland for the first time yesterday.

THE Government will make an attempt to stop the European Commission from blocking a €530 million investment by US pharmaceutical company in Cork.

ENTERPRISE Minister Micheál Martin yesterday refused to speculate on whether an impending EU decision would scupper a crucial €434 million biotechnology plant under construction in Ringaskiddy, Co Cork.

Ireland is a “global investment powerhouse” with companies such as IBM, Hewlett Packard, Intel, Yahoo and Kelloggs investing in the country, IDA Ireland said today.

IDA Ireland enjoyed its best year since 2000, negotiating 70 projects with new and existing clients involving investment of €5 billion over time.

THE proposed €18 billion takeover of Guidant by Johnson & Johnson is not expected to impact on the creation of more than 1,300 new jobs planned independently by the companies in Cork and Clonmel.

Minister for Trade and Commerce Michael Ahern today opened the new European Shared Services Centre of Altera European Trading in the Cork Airport Business Park.

UP TO 1,000 jobs are expected to be created in Cork following yesterday's announcement of a €650 million investment by pharmaceutical giant Johnson and Johnson.

Johnson & Johnson subsidary Centocor confirmed plans today to build a new plant in Cork, employing 330 people.