Major jobs boost for Cork as four foreign companies invest

FOUR foreign companies are to invest 75 million creating nearly 300 jobs in Cork.

The announcements were made yesterday by Tánaiste Mary Harney who said the biggest investment would be made by German-owned drugs company Altana Pharma AG which is to spend €70 million building a new factory at Carrigtwohill.

Altana will start recruiting next year and should have half its 150 workforce in place by 2005 with the remainder provided by 2006. The majority of the jobs will be for third-level graduates.