Category: Archive

Business Briefs: North promotion blitz in October

February 16, 2011

By Staff Reporter

By Harry Keaney

Northern Ireland’s secretary of state, Dr. Mow Mowlam will, next month, lead a tour of the U.S. and Canada aimed at promoting Northern Ireland as a world class investment location.

The tour of 11 cities will be launched under the theme "Northern Ireland ‹ Time for Your Business," in New York on Oct. 7 by the British chancellor of the exchequer, Gordon Brown. Brown originally announced the initiative while outlining a £315 million investment package last May during a visit to Northern Ireland.

The tour itinerary includes Philadelphia, Boston, Toronto, Denver, Minneapolis and St. Paul, Chicago, Dallas, Atlanta and Seattle, finishing in San Jose-Silicon Valley on Oct. 29.

Dr. Mowlan said the timing and scale of this tour, together with the composition of the visiting delegation, mean that it is the most important initiative ever staged to promote Northern Ireland to an international audience.

There are about 100 wholly or partly U.S.-owned companies in Northern Ireland. Of these, 52 are Northern Ireland Industrial Development Board client companies employing about 12,300 people, about 10 percent of the local manufacturing workforce. In addition, four Canadian investors employ more than 7,000 people locally. For information on the October tour, call (212) 745-0251.

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IBO news

The Irish Business Organization of New York will hold its monthly meeting on this Wednesday, Sept. 9, in the Shelburne Hotel in Manhattan. On Sept. 25, the IBO’s ninth annual golf outing will take place in Putnam Country Club, in Mahopac. On Oct. 23, the IBO’s gala ball will take place in the Grand Hyatt, in New York. For information on the IBO, call 1-877-IBO-3200.

IABS news

The Irish American Building Society’s second annual golf outing, to benefit the IABS scholarship fund and IABS professional and cultural endeavors, will take place Oct. 5 in Putnam Country Club, in Mahopac. Registration and continental breakfast from 9:30 a.m. to 10:30 a.m. Shotgun start at 10:30 a.m. For information, call Jerry Lyons at (212) 514-5747. For answers on IABS membership, call William Flynn, membership committee chairman, at (212) 797-1215.

AIF office moves

The New York office of the American Ireland Fund has moved to 111-B East 35th Street, in Manhattan. The telephone number is (212) 689-7600 and fax number is (212) 689-8482. The 1999 AIF New York dinner dance will take place May 6 in the Waldorf Astoria.

CBT’s McCabe steps down

Bill McCabe is to step down as chairman of CBT, the hugely successful Irish company that produces educational software. McCabe will be succeeded by the current president and chief executive officer, James Buckley. McCabe, highly regarded for the success he has made of CBT, has been the company’s chairman since 1992. He will remain a non-executive member of the CBT board while focusing on a smaller number of other business interests, one of these being Knowledge Well which provides interactive education projects for adults seeking career advancement. CBT is listed on the NASDAQ. During the last year, McCabe has sold CBT shares worth nearly $40 million.

Smurfit appointment

The Jefferson Smurfit Corporation and the Stone Container Corporation, two paper products companies that agreed last May to merge, have named Michael Smurfit as non-executive chairman of the new company, which will be called Smurfit-Stone Container Corp. Smurfit, 62, is chairman of the Dublin-based Jefferson Smurfit Group plc.

Travel tip

From Nov. 1 through Dec. 13, CIE Tours International is offering Ashford & Dromoland Castles self-drive vacations, a four day-three night package, priced at $699, including round-trip flights from New York, Newark or Boston.

With a view to planning for St. Patrick’s Day, CIE Tours is offering a one-week fully escorted Irish heritage trip to Ireland from March 11-18, priced at $1,259 per person from New York, Newark or Boston. This includes roundtrip air fare and a chance to be part of the St. Patrick’s Day parade festivities in Dublin City. For information, call a travel agent or 1-800-CIE-TOUR.

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