LexisNexis and Carraig Donn announce 100 jobs

New roles for Dublin and Westport supported through State aid

Risk management firm LexisNexis and Irish-owned retail chain and knitwear manufacturer Carraig Donn have announced 100 jobs for Dublin and Westport.

Both investments are supported by the Government through IDA Ireland and Enterprise Ireland.

LexisNexis said it is to create 70 jobs in the capital over the next three years with the establishment of a new data analytics centre.

The facility will support the company's UK and Ireland insurance operations as well as supplement US-based operations. The Dublin office for LexisNexis was formed as a result of the company's acquisition of Mapflow, a Dublin-based geographic risk assessment technology company, in September 2013.

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LexisNexis provides insurers with tools to assess and manage risk across their motor, household, commercial and life insurance businesses. The company is a market leader in the US working with 100 per cent of the US general (property and casualty) insurance market. It also supplies products to solutions to more than 90 per cent of the UK insurance market.

Separately, Carraig Donn said it is to create 30 jobs in Westport in a move that will bring its total workforce up to 450 people. The group said it looking for machinists, warehousing staff, knitters and management with recruitment already underway.

Carraig Donn, which was founded by Padraig and Máire Hughes in 1965, has an annual turnover of close to €40million, and is the largest knitwear manufacturing plant in Ireland. The company manufactures and designs Irish made knitwear using 100 per cent natural yarns and its products are distributed worldwide.

"The directors of Carraig Donn are committed to improving the efficiency of our facility and this investment helps to protect the current jobs in Ireland while putting Carraig Donn in a stronger position to compete in a very challenging global market," said Pat Hughes, managing director of the company.

Charlie Taylor

Charlie Taylor

Charlie Taylor is a former Irish Times business journalist