US Growth Corridor: unlocking opportunities on both sides of the Atlantic
Amid global volatility and change, the economic partnership between Ireland and the United States stands as a testament to resilience and mutual advancement. This enduring connection, born from generations of cultural exchange and entrepreneurial spirit, has grown into a powerful driver of innovation and prosperity on both sides of the Atlantic.
By Michael Lohan, CEO of IDA
Ireland’s record global investment
In 2025, Ireland further distinguished itself as a leading hub for international investment with historic levels of foreign capital giving rise to IDA Ireland’s extraordinary milestone of 323 investments – a leap of 38% from the previous year’s total and a new record for the country. These figures underline Ireland’s exceptional workforce, competitive advantages, and confirm its reputation as a proven, stable location for enterprises seeking a gateway to Europe and wider international markets.
Even as uncertainty and geopolitical tensions swirled worldwide, Ireland’s performance as an investment location remained resilient. The number of jobs within IDA-backed organisations expanded to a record 312,400 employees. Remarkably, 78 of the investments secured last year were from companies new to Ireland, further diversifying the nation’s enterprise ecosystem. With over 1,800 companies now partnering with IDA Ireland, the nation continues to reinforce its pivotal role for multinational operations.
A secure foundation amid worldwide uncertainty
With unpredictability now a constant, spurred by inflation, tariffs, supply chain strains, energy price shifts, and political unrest, Ireland continues to be a location of choice for global companies seeking certainty and stability, which leads to innovation, sustainability, and talent development.
2025 saw a record level of future RD&I investment commitments of €2.5bn by IDA Ireland clients, exceeding €2bn in one year for the first time as companies invest in product development, and new and emerging technologies such as AI and Quantum Computing.
In addition, client companies are committed to spending a record €1bn of capital in sustainability projects, demonstrating forward-thinking investment towards environmentally responsible business practices, while also recognising the competitive advantage that such investments create.
And, as companies prioritise upskilling their workforce, 2025 also saw IDA Ireland clients commit to investing in the development and training of more than 33,000 employees, focusing on scaling for growth, maintaining competitiveness, developing AI/digital-centric workforces, and enhancing leadership capability.
Human connections and economic impact across the Atlantic
Behind these figures lies a rich tapestry of personal stories and cross-border influence.
The legacy of Irish migrants has shaped US cities for generations, just as American investment has transformed advanced sectors within Ireland. Irish companies are now at the centre of global supply chains and are global partners within US multinational firms.
Ireland has become the fifth largest investor in the US market, with upwards of 770 Irish firms driving employment for more than 200,000 Americans coast-to-coast. This dynamic exchange of talent and ideas empowers Ireland to outperform its scale globally, while US corporations fuel the country’s growth in fields ranging from life sciences to international financial services and high-tech manufacturing.
Irish businesses, in turn, are strengthening their presence in the US, building regional economies and broadening their international reach.
Major expansion announcements and future commitments
As a proven, trusted location, Ireland retains a leading position in attracting international talent and fostering economic dynamism. The longstanding relationship between Ireland and the US continues to inspire those navigating the shifting tides of global business.
This year’s first quarter saw US technology giants – Qualcomm and Apple – announce plans to scale Irish operations.
US AI firm Anthropic is set to generate 200 new jobs in its Irish operation, responding to surging European demand, whilst Block and Supply Wisdom have chosen Ireland to locate their European headquarters.
At the end of 2025, US med tech companies Stryker and Johnson & Johnson announced significant expansions of their respective Irish operations. At the same time, Irish industry leaders CRH, Kingspan, and Smurfit Westrock have pledged to infuse $1 billion into strategic investments in the US over five years, strengthening Ireland’s role as an anchor point for the transatlantic corridor.
These trends exemplify how Ireland’s economic ties with the US are evolving and flourishing even as global conditions remain unpredictable. With an emphasis on cutting-edge innovation, sectoral diversification, environmental responsibility, human capital, and stable governance, Ireland continues to attract substantial US investment, serving as a springboard to European and worldwide markets. And vice versa.
Ireland’s upcoming role on the European stage
Looking ahead, Ireland’s assumption of the European Presidency later this year presents a unique opportunity to further cement the country’s status as a vital link between the two continents on either side of the Atlantic.
The Presidency will facilitate engagement in deeper collaboration on economic, technological, and policy matters, harnessing Ireland’s reputation for facilitating international dialogue. As a trusted partner of the US, Ireland is poised to help shape a unified and innovative Europe, while reinforcing the lasting ties that bind US and European interests.
