This article is from page 55 of the 2009-03-17 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 55 JPG
THE Chairman of the American Chamber of Commerce mid-west re- gion said that “economic conditions will remain extremely challenging in 2009 and 2010 and that the mul- tinational community in the region, like every other business sector, will be focused on costs and productivity improvements to enhance competi- UA Nee
Speaking at a members briefing in Dromoland Castle, Mr Bill Doherty said, “In the current climate every business has to focus on the bot- tom line and on delivering value to its customers. There is pressure on all businesses to achieve improved productivity, increased efficiencies and a more prudent cost base. In the multinational environment, where individual country subsidiaries are competing against each other for in- vestment from the global parent, it is imperative that subsidiaries located here are cost competitive.
“There are challenging times ahead for the mid-west and the first priority must be to retain the strong base of existing companies in the region.”