A MAJOR Limerick employer looks set to add to its staff numbers with a major investment in its Raheen Site.
Analog Devices announced a €630million investment in its site in the Raheen Business Park in May, which is the company’s regional headquarters.
The investment will add 600 employees to the site, adding to the 1,500 workers already employed by the firm across Ireland.
Now, plans have been lodged with Limerick City and County Council to support Analog’s investment.
The company applied to the Council seeking permission to demolish part of the existing building in the Raheen Business Park, as well as submitting a separate application for change of use of parts of the building.
The change of use application, expected to be submitted to council planners imminently, seeks to redevelop a building and site surrounded by Ballynoe Road, Derrybeg Road, and Ballycummin Avenue, next to the existing Analog Devices campus.
The development would look to demolish parts of an existing industrial building, changing its use from industrial to office use, along with the addition of a mezzanine level in the existing building and facade works.
A new two or three-storey building would also be constructed, which would feature offices, high-tech research and laboratory spaces, meeting rooms, a reception area, canteen, employee gym, and social spaces.
Speaking at the announcement of the investment in May, Analog Devices CEO Vincent Roche said that the investment will enable the company to continue their work in manufacturing semiconductor chips more efficiently and sustainably.
“This next-generation semiconductor manufacturing facility and expanded R&D team will further extend ADI Limerick’s global influence.”
“Through organic R&D and close collaboration with our customers and ecosystem partners, we are striving to solve some of the world’s greatest challenges and enable a more efficient, safer, and sustainable future,” he said.
Speaking at the time, Taoiseach Leo Varadkar TD said: “This is a really significant announcement for Limerick and the Mid West region, which marks a new chapter in the longstanding relationship between ADI and Ireland.”
“This massive €630million investment is great news for local employment with lots of jobs being created during the construction phase, and 600 high-end graduate jobs.”
