Cygnum, who are one of the country’s largest timber frame manufacturers, has announced 50 new jobs in Cork as it’s upping its output by 60 percent to try help meet the government’s Housing for All targets.
The company made the big announcement following a €7 million investment over the last five years. Cygnum, who celebrate their jubilee this year, currently helps produce 850 houses for the Irish market each year. They’re hoping today’s boost will see that figure increase to 1,350.
Speaking at the company’s facility in Macroom, Tánaiste Leo Varadkar TD said, “it’s great to be here in Macroom for this significant announcement by Cygnum. The 50 new jobs and the increased output are a boost for the company and for the area. This expansion will also help the Government’s efforts to increase the housing supply, with Cygnum producing timber frames for 1,350 homes every year.”
“These are quicker to construct and also help to reduce carbon dioxide emissions. With a record number of people now at work in Ireland, I remain determined to ensure that jobs are available right across the country. Companies like Cygnum make that possible. I’m delighted to meet so many of those that have helped this success happen and I wish the team all the very best for the future.”
Managing Director of Cygnum John Desmond said, “the demand for timber frame housing is growing steadily. Timber is the most environmentally friendly mainstream construction material, which means that the houses we manufacture are not only helping to tackle Ireland’s housing crisis, but also supporting the transition to a carbon neutral future. Over the last 5 years, we have invested €7m at our site here in Macroom, which will ultimately lead to the creation of up to 50 new jobs.”
The Housing for All strategy was launched by the government last September and aims to see 33,000 new homes built each year up to 2030.
Source: Cork Beo