-size:
10.0pt;font-family:"Arial","sans-serif"" lang="EN-US">A recent but controversial new
employer in the area is
Raytheon,
Raytheon Systems Limited, was established in 1999, in the Ulster Science &
Technology Park, Buncrana Road.Although some of the local people welcomed the
jobs boost, others in the area objected to the jobs being provided by a firm
involved heavily in the
arms
trade.
Following four years of
protest by the Foyle Ethical Investment Campaign, in 2004 Derry City Council
passed a motion declaring the district a "A 'No – Go' Area for the
Arms Trade".
In 2009, the
company announced that it was not renewing its lease when it expired in 2010
and was looking for a new location for its operations.
Significant multinational employers in
the region include First source of India, DuPont, INVISTA, Stream International, Seagate Technology, Perfecseal, NTL, Raytheon and Northbrook
Technology of the United States,
Arntz Belting and Invision Software of Germany, and Homeloan Management of the
UK. Major local business employers include Desmonds, Northern Ireland's largest
privately-owned company, manufacturing and sourcing
