County Kildare - Economy

Economy

Kildare currently (2010) contains the European base of electronics firms, Intel and Hewlett Packard, two of the largest employers in this sector in the entire island. Pharmaceutical giant Pfizer has its European Manufacturing base in Newbridge, with another plant in nearby Newcastle in County Dublin. Major pizza-making, soft drinks, and frozen food enterprises are located in Naas. Large supermarket distribution centres are located in Naas, Newbridge and Kilcock. The Irish Army's largest military base containing its command headquarters and training centre is located at the Curragh.

Large peat burning power stations operated by the state are located at Allenwood and Timahoe.

Kildare is the centre of the Irish horse industry. Kildare has more stud farms than any other county in Ireland. Several prominent international breeders have substantial stud farms in Kildare, including many from the Arab world.

  • Racecourses (at Punchestown, Naas and the Curragh)
  • The Irish National Stud farm (Kildare town)
  • The National Equestrian Centre (Kill)
  • Equine auction centre (at Goffs in Kill).

County Kildare is the richest county in Ireland outside of Dublin and has the lowest unemployment rates in Ireland, throughout the economic recession of the 1980s. House prices in the county but especially in the North East of the county e.g. Naas and Maynooth have always been considerably higher than the other counties in the country outside Dublin. Kildare was the first county in Ireland to experience the Celtic Tiger economic boom in the early 1990s, mainly as a result of the decision of Intel to locate between Leixlip and Maynooth. From various high tech companies like Intel and Hewlett Packard the county is sometimes dubbed "the Silicon Valley of Europe", and had a pick up in construction that predated that of other counties.

The most economically developed part of the county is around the towns of Naas, Maynooth, Celbridge, Leixlip and Kilcock. Agriculture dominates around the towns of Athy, Kildare, Newbridge, Monasterevin and Rathangan.

Read more about this topic:  County Kildare

Famous quotes containing the word economy:

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
    Calvin Coolidge (1872–1933)