Market Chatter: Smurfit Westrock Leads $6.1 Billion Irish Investment Push in US Ahead of PM Micheal Martin's White House Visit

MT Newswires Live03-11 18:56

Smurfit Westrock (SW) plans to invest $5 billion in the U.S. over the next five years as part of a broader $6.1 billion investment push by Irish companies ahead of Prime Minister Micheal Martin's upcoming visit to the White House, The Wall Street Journal reported Wednesday.

The report said the sustainable paper-based packaging company's pledge is the largest among several investments expected to be highlighted during Martin's annual St. Patrick's Day meeting with President Donald Trump on March 17.

Other commitments include $1 billion from insulation and building solutions firm Kingspan and $100 million from nutrition company Glanbia, it said.

Smurfit Westrock did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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