Expanding PayPal to create 400 jobs
Global payment services company PayPal is to employ another 400 people at its Irish operation.
The customer service centre in Dundalk - where the firm's European operations centre is based - is to expand with massive investment over the next four years.
The expansion will take the combined PayPal and eBay workforce in the town to 1,850.
Taoiseach Enda Kenny made the announcement in Dublin on the back of an enterprise and trade mission to the US west coast earlier this month.
"During my recent visit to Silicon Valley, I had the opportunity to meet with the CEO of eBay Inc (John Donahoe) to discuss their ongoing investments and to offer the Government's support for increased expansion into Ireland," he said.
"This PayPal announcement further enhances Ireland's reputation as a prime location for global businesses and is a tribute to our talented and flexible workforce."
Jobs Minister Richard Bruton said the company was an example of a multinational doing global business out of Ireland.
"Louise Phelan and PayPal are a standout example of a phenomenon we are seeing more and more of in recent years - an Irish operation within a multinational, under strong leadership, becoming more strategically important within global operations and winning investment and jobs for Ireland," he said.