I welcome the fact that Aerospace Asset Trading has recently purchased a warehouse in Shannon Airport and plans to expand. The company will join a cluster of 60 aviation companies, which is most welcome. Aerospace Asset Trading is a Florida based company that operates in Shannon Airport. When the company purchased the warehouse recently it stated that Shannon Airport gave it great access to Europe. That is why the company has decided to locate its European headquarters in Shannon Airport. One hears a lot negativity about Brexit but I believe it has encouraged companies to consider locations in Ireland. I am also pleased that Aerospace Asset Trading plans to double the number of people it employs within the next two years.

Recently, the Shannon Foynes Port Company purchased a state-of-the-art crane valued at €2.8 million and, according to the company, the crane will be used to dredge the River Shannon. There is potential for over 3,000 jobs to be created along the banks of the River Shannon, which run all the way from Limerick city to Foynes. This is a most welcome development. It is not often that we see such investment in companies. It leads into part of the 2041 vision for the future development of Limerick port and Shannon Foynes Port Company.