File:Caffrey's Monumental Works - Marsh Street, Drogheda (5633249680).jpg

The local economy of Drogheda, like that of many other towns in Ireland, is changing rapidly. The old industries based around linen and textiles, brewing, shipping and manufacturing have now disappeared or are in decline. And in recent times during the recession business has slowed and Drogheda faces an increase in unemployment numbers. There are still a number of large employers in the town including: Flogas, a national gas distributor Natures Best, a fresh food processor Hilton Foods, a meat processor Boyne Valley Foods, a producer and distributor of jams and honey Irish Cement, Ireland's largest cement works International Flavours & Fragrances (IFF), a producer of perfumes and food fragrances Becton Dickinson (BD), a manufacturer of medical syringes and associated equipment Sofa Company, a manufacturer and retailer of hand-crafted sofas and furniture. Recently additions to the local economy include: IDA Business & Technology Park: a 25 hectare (63 acre) with direct access onto the Dublin / Belfast motorway developed and landscaped for the needs of both the IT, financial and internationally traded services sectors. International Fund Services, a leading provider of fund accounting and administration services to the hedge fund industry globally, is to establish a hedge fund administration operation in Drogheda, Co. Louth with the creation of up to 235 jobs. Eight enterprise incubation units for high tech startup companies are provided in the Milmount complex.