Cork-based and Irish-owned company ActionZero is expanding into Kerry by setting up a new manufacturing, research and development centre in Tralee, bringing 50 new jobs to the area.
ActionZero is a climate technology company that uses heat pump technology to decarbonise heat by removing fossil fuels.
They offer commercial companies an innovative thermal energy system called EscoPod which can provide heating and chilling without using fossil fuels, or the need to retrofit commercial buildings.
The company is planning major development over the next few years. They are investing three million into the company over the next three years and they are projecting a sales growth of 50 million, so it’s certainly going to be a busy time for them.
ActionZero are turning the former Borg Warner facility in Tralee into a new centre that will recruit 50 people in high value engineering and manufacturing jobs.
Micheal McGrath, the Minister for Public Expenditure, was present for the opening of the new facility, he said that it represents a “real boost for local economy with key jobs and skills in this important sector.”
He also welcomed the contribution that the company are making to tackling the climate change issue which is to the fore of all of our minds.
The CEO of ActionZero Denis Collins said that this new expansion means that the company is “continuing our rapid growth and contribution to the global climate change challenge. We’re also proud to help lead the acceleration of a viable global energy hub in Ireland and Munster. Our decision to locate Manufacturing and R&D in Tralee, is a testament to the skills and talent available locally.”
“The innovation centre will be central to ActionZero development of pioneering technologies that will make a tangible, lasting impact via our unique, patented decarbonisation solutions roadmap.”
The government have supported this expansion through Enterprise Ireland and IDA Ireland.
Source: Cork Beo