An American e-commerce company is this morning expected to confirm it is investing in Drogheda, Co Louth.

Nextag or its parent company Wize Commerce is expected to confirm it will create some 100 positions. It is an online global shopping portal and also involved in digital marketing.

The investment is supported by the IDA but no details of the nature or number of positions involved were being confirmed last night. A senior company representative is expected to do that this morning.

It will be the second foreign direct investment in Drogheda in as many weeks.

Some 120 jobs are to be created by US electronic payments firm YapStone, which is establishing its European headquarters in the town.

Deputy Gerald Nash of the Labour Party, who lives in Drogheda, said the announcement “demonstrates enormous confidence in Ireland’s largest town as a place in which to live, work and do business”.