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Speed Networking Event 2010
20th Sep 2010 @1:30 pm Tullamore Court hotel
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| Local Economy
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Tullamore continues to attract a growing number of indigenous and international SME's to it's central base in the midlands of Ireland.
A cluster of health industries have located their projects in the expansive industrial park and a separate state of the art business park is attracting a growing number of companies offering financial and business services.
With a population of 250,000 within a thirty mile radius, Tullamore offers an excellent platform to business startups, relocating Irish industry and international companies, seeking a presence in Europe.
Multinational firms operating successfully include: · Boston Scientific - Single Use Medical Devices. · Isotron Ireland - Contract Sterilisation. · Sennheiser Ireland - Sound Systems. · Tyco Healthcare - Medical Devices · Zaninni Ireland - Packaging for Pharmaceutical industry.
Indigenous firms are many and a full list of businesses is available from our online directory.
Economic History Tullamore was only a small village at the beginning of the 18th century. It started to grow following 1716 when a large cavalry barracks was established to house 200 men in addition to horses and equipment.
Trade and employment increased in the village and in surrounding rural areas. The land, on which Tullamore is built, is part of the Charleville Estate. |
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The inheritance in 1765 by Charles William Bury of an estate of 20,000 acres (including Tullamore Town) and the Great Balloon fire of 1785 that destroyed much of the town - became a catalyst to transform a small village into a thriving town. |
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With Bury's encouragement, financial and otherwise, the town developed to compare favourably with other 18th century towns.
The arrival of the Grand Canal in 1798, with Tullamore its terminus for a few years, added impetus to economic growth through trade and distribution with the port of Dublin. Goods could be brought from Dublin within a few days. Farm produce and goods manufactured in Tullamore ( e.g. Whiskey) could now find a ready market in Dublin and Britain and its colonies. |
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During the 19th century residential and industrial progress built up the town to a population of 4,522 in 1891 - compared with 6,343 in pre-famine 1841.Industries developed included distilling, brewing, tobacco and brick manufacturing. B. Daly & Co and later D.E. Williams were associated with distilling, the initials of the latter becoming the DEW of Tullamore Dew Whiskey.
Following the designation of Tullamore as the County Town of Kings County (Offaly) in 1835, trade and commerce continued and prospered into the 20th century. |
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The drift towards towns from rural areas underpinned population growth. Midland Butter and Bacon Co. Ltd and Salts (Ireland) Ltd, worsted spinners with 1,000 employees, together with older companies, provided the backbone of Urban Jobs. The 1980's and 1990's saw the decline of most of the older industries and many of the multinational firms who had arrived in the second half of the 20th century. The Peat and Electricity industries, major employers in the area, also saw their numbers decline in the last decades of the 20th century. | |