The New Jersey Ireland Center was founded in 2022 following Governor Murphy’s business attraction trip to Ireland with the New Jersey delegation. The Ireland office, Choose New Jersey’s second office in Europe following the opening of the Choose New Jersey Europe Center office in Berlin in 2018, cultivates international investment and provides resources to Irish companies to identify and explore opportunities for growth in North America. New Jersey is the first state in the U.S. to have an economic development office in Ireland.
With a permanent presence in Ireland, the Choose New Jersey Ireland Center office – which represents all of Ireland including Northern Ireland – will help to grow the already large presence of Irish businesses in New Jersey. The office hopes to help strengthen links between New Jersey and Ireland through business, culture, and education.
The New Jersey Ireland Center team offers companies interested in New Jersey free, confidential support to set up their businesses in the United States. Our services include detailed market assessment services, customized business proposal responses, site selection assistance, government resources information, and introductions to public-private partnerships. Let us help you discover your second home in New Jersey.
The strong bond between New Jersey and Ireland begins with a long, shared history. Ireland is known for being a leader in both financial and intellectual capital. Similarly, New Jersey is home to the highest concentration of scientists and engineers in the U.S.
New Jersey is one of the Northeast’s top destinations for Irish foreign direct investment. In 2021, New Jersey-Ireland trade totaled $2.4 billion. From 2017 to 2022, Irish firms invested roughly $285 million dollars in New Jersey.
Ireland is one of the two most common ancestries in New Jersey, with more than 15% of the state’s residents – about 1.3 million people – claiming Irish lineage, and several towns reporting as much as one-third of their population with an Irish background. New Jersey has the 6th largest population of foreign-born Irish overall, and 9th largest ancestry total, despite being one of the smallest states in the U.S.
New Jersey is a global gateway for companies to reach the North American market. We are home to 15 Fortune 500 companies, more than 1,100 multi-national companies, and 225 foreign company headquarters.
Our highly educated workforce allows European companies to recruit top talent. Forty percent of New Jersey residents hold a Bachelor’s degree or higher compared to 32% nationally. We have the highest concentration of scientists and engineers in the U.S. New Jersey is home to the #1 public school system and the #1 university in the U.S. (Princeton University).
New Jersey’s strategic East Coast location provides access to one of the most concentrated and affluent consumer markets in the world. Our state is located in the middle of the Boston – New York City– Washington, D.C. corridor, with 56.5 million residents and $3.75 trillion in economic output. A business located in central New Jersey can serve more than 38 million consumers within a two-hour drive. Northern New Jersey is a 20-minute train ride from New York City and Southern New Jersey is right across the Delaware River from Philadelphia.
With five Foreign Trade Zones and a world-class infrastructure, New Jersey offers unmatched market access. Our regional airport system ranks first in the United States, servicing approximately 600 nonstop destinations out of Newark, New York City, and Philadelphia. New Jersey is home to the Port of New York and New Jersey – the East Coast’s largest seaport
Ireland is an economic powerhouse, ranking second globally in GDP per capita in 2022. According to the U.S. Department of State, 27% of all Irish exports go to the United States. Dublin and Cork, for example, are home to innovative business sectors which play a huge role in New Jersey’s economic growth. New Jersey and Ireland share complementary visions for growth and innovation.
Over 300 drug and pharmaceutical businesses are located in New Jersey, including Irish giants Allergan, Mallinckrodt, Par Sterile Products LLC, and Jazz Pharmaceuticals. Of New Jersey’s life sciences workforce, approximately 23,000 employees are focused on pharmaceutical manufacturing, which is three times the national average.
New Jersey is a financial services hub and home to the headquarters of 25 of the world’s top 100 fintech companies. Global Shares, a Cork-based fintech company that simplifies employee ownership for companies worldwide, is leveraging the assets available within the robust financial services industry in New Jersey, including close proximity to New York City, but at a more affordable cost.
New Jersey is a growing technology capital that offers support for entrepreneurs to scale and multinationals to thrive. New Jersey’s legacy of innovation was a huge draw for Dublin-based company Ding. The largest international top-up platform for mobile phones expanded its footprint in New Jersey to meet demand in 2018.
New Jersey has been a keystone of the U.S. manufacturing industry since the 19th century, and one of the top five states for chemical manufacturing in the U.S. Several leading Irish manufacturers have a presence in New Jersey, including Trane Technologies, an industrial equipment manufacturer, and Tyco International, a security systems company with operational headquarters in Princeton.
The New Jersey Ireland Center team offers companies interested in New Jersey free, confidential support to set up their business in the United States. Our services include detailed market assessment services, customized business proposal responses, site selection assistance, government resources information, and introductions to public-private partnerships. Let us help you discover your second home in New Jersey.
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