A new software engineering centre is set to bring 150 new jobs to the west of Ireland.

The chief executive of the Shannon Group has said that policy in Ireland is leading towards the country having only a single airport, in Dublin.

Motoring giant Jaguar is set to announce a huge investment in Shannon in a move which could bring hundreds of jobs.

Pre-tax profits at the Irish arm of US orthopaedic device manufacturer, Zimmer last year increased by 20% to $140m (€130m).

A €6 million extension to a Shannon facility is part of a planned €21m first phase of new builds and upgrades of Shannon Commercial Properties’ portfolio, under the recently-created Shannon Group entity.

State-owned Shannon Group yesterday started a €21m redevelopment of the airport’s industrial park to attract more international companies.

Shannon-based e-commerce firm Digital River last year returned to operating profit after recording a surplus of €1.4m. New accounts filed by the US-owned Digital River Ireland Ltd show the firm returned to operating profit after revenues rose 4% going from €65.4m to €67.3m.

The Shannon Group is seeking backers to fund its reinvestment programme at the airport and adjoining Shannon Free Zone.

Profits at the independent Shannon Airport have jumped 34% in just one year with passenger numbers up 17% and European traffic up 70%.

The firm behind the €65m Westpark business park in Shannon has sealed a bank deal that significantly reduces the €38.5m it owed in bank loans.

Zimmer Worldwide generated 70% of its global revenues from making artificial knees and hips last year.

The rebranding, relocation and other costs associated with the restructuring of Shannon Development total €1m, new figures show.

Forecourt retailer Applegreen will today announce the creation of 360 jobs.

The firm behind the €65m Westpark business park in the Shannon Free Zone has stated it is confident that its €38m loans with Danske Bank can be refinanced with another financial institution.

63 people are losing their jobs at an electrical switchgear firm in Shannon, Co Clare.

The Government has formally approved the creation of the new state company that will oversee the workings of Shannon Airport.

Shannon-based aircraft leasing firm GE Capital Aviation Services have bought 10 new Boeing 787-10 Dreamliners for an estimated $3bn (€2.24bn) at list price.

A US-based aircraft maintenance company has confirmed plans to locate its new strategic corporate headquarters for Europe, the Middle East and Africa at Shannon Airport.

Shannon Development recorded the first net jobs gain at the Shannon Free Zone last year for the first time in four years.

Mid-West business bodies have welcomed a decision to give Shannon Airport full independence from the Dublin Airport Authority (DAA).

The government has agreed new draft legislation which will remove restrictions on the IDA and Enterprise Ireland from operating in the Shannon Free Zone.

Nama has appointed a receiver to a series of companies controlled by Limerick developer Robert Butler.

Pre-tax losses at Shannon Development last year narrowed by 27% to €11.9m as the property crash continued to impact on the agency’s finances.

Shannon Development recorded the highest cost per job created last year among enterprise agencies under the aegis of the Department of Jobs, Enterprise and Innovation.

Pre-tax profits at Shannon- based aircraft leasing and sales firm Magellan Aviation Services increased by 81% to $7.3m (€5.8m) last year, figures show.

Around 250 jobs are set to be generated by a proposed €85 million green energy plant for Shannon.

A US pharmaceutical firm has announced the creation of 500 jobs in Dublin and Galway.

Consultants for a Co Kildare-based company behind the €60 million redeveloped Shannon town centre have warned that any additional zoning of land in Shannon for retail will undermine the viability of the town centre.

Shannon Development reported a net loss of 174 jobs in the Shannon Free Zone last year.

The chief executive of Shannon Development said yesterday he has “no doubt that Chinese investment will come” to the Shannon Free Zone and Ireland based on the agency’s special relationship with China.

Transport Minister Leo Varadkar and the wider Cabinet will make a decision in the next five weeks on the future of Shannon Airport, while decisions on the futures of Cork and Dublin airports will be long fingered until the end of the year.

A multi-national insurance company in County Clare is to axe 29 jobs.

Pre-tax profits at a Shannon-based holding company for Mentor Graphics (Holdings) Ltd last year increased almost fourfold to $81.3m (€61.2m).

PRE-tax profits at the Shannon-based R&D arm of chip giant Intel increased in 2010 by 15% to $4.9 million (€3.78m).

US MEDICAL device manufacturer Zimmer recorded pre-tax profits of $46.1 million (€34.4m) in its first full year of operations in Ireland, new figures show.

THE Dublin Airport Authority (DAA) and global air cargo company Lynxs are to sign a heads of agreement today concerning a proposed €12 million international air cargo hub being established at Shannon Airport.

THE importance of the government’s strong stance on retaining the 12.5% corporate tax was further endorsed yesterday when Shannon Development reported that while last year 616 jobs were lost in the Shannon Free Zone (SFZ), there was no company closure.

Overall employment in the Shannon Free Zone dropped by 4% last year but the vast majority of job cuts were because companies downsized, rather than shut.

A NUMBER of companies owned by Limerick developer Robert Butler have fallen under the aegis of NAMA, accounts confirm.

SALES at a Shannon, -based medical technology firm, favoured by one of the world’s richest men, Warren Buffett, last year rose 4% to over €1 billion, figures show.

SHANNON-BASED, US-owned aircraft leasing firm General Electric Capital Aviation Services (GECAS) recorded pre-tax losses last year totalling $24 million (€16.7m).

THE Irish base for US mobile technology accessory firm ZAGG has received a significant boost, following the Nasdaq-listed company’s acquisition of US firm iFrogz for $104 million.