I am delighted to provide you with a link to Ibec’s major new report ‘Manufacturing, Today Tomorrow and Beyond’ and member survey results both launched earlier this month (link). The recording of the launch event can be assessed here (link) and includes really engaging discussions with our panellists David Butler (Stryker) Jackie Murphy (Alcon) Patrick J Rigney (The Shed Distillery) Cormac Mac Donncha (Trane Technologies) and Claire Mac Evilly (Danone).
Our report shows the scale and importance of the manufacturing sector in Ireland and includes case studies from Intel, Pfizer, Danone, The Shed Distillery, Stryker and Trane Technologies. Our member survey shows strong business confidence among manufacturers for the six months ahead, with expectations of increased profitability and growth in employment despite significant cost and supply chain pressures.
This is shaping up to be a pivotal decade not just for Ireland, but globally. Having successfully emerged from the economic crash of the noughties, we’ve now encountered a pandemic; the great challenge of climate change; changes to the global tax regime; and, for Ireland and Europe, the challenge of Brexit. To remain engine of economic growth and employment creation Ireland’s manufacturing sector will require support from government in the form of policies and measures which are aimed at sustaining competitiveness and creating an environment in which entrepreneurship can thrive and prosper. And these measures must be framed against the backdrop of the evolving global tax reform agenda.
Our recommendations, framed under the headings of Taxation, Innovation and Skills, Sustainability, Digital, Trade & Supply Chain and Regulation are included in Page 12 of the report (link) and also in this email.
We would be delighted to hear your thoughts on the report and/or to discuss the recommendations with you.
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