Photograph: Doug Mills/The New York TimesIreland is now the fifth largest source of foreign direct investment in the US with investment by Irish companies totalling $389 billion (€335 billion), according to Enterprise Ireland. The meeting comes amid heightened concern over Washington’s protectionist approach to tariffs and tax and the threat it poses to long-standing investment in Ireland by US multinationals. Irish firms, including Smurfit Westrock, Kingspan, Glanbia, Kerry Group, Applegreen and CRH, view the US market as “their primary engine for global growth”, Enterprise Ireland said. “Today’s milestones are a powerful illustration of that ambition,” Enterprise Ireland chief Jenny Melia said. “These announcements represent a new generation of Irish enterprise: agile, innovative, and deeply committed to delivering a competitive edge for their US partners,” she said.

Source: The Irish Times March 11, 2026 14:33 UTC