100 new jobs are to be created by Killarney based manufacturing and engineering group Tricel.
40 new roles will be based in the company’s headquarters in Killarney.
The new jobs, including graduate positions, will include roles in management, engineering, R&D, product development, marketing and manufacturing.
It is hoped that many of the new graduate positions could be filled from local third level colleges in the Munster region.
Tricel is a European leader in the development and manufacture of advanced and specialised composite products from water storage tanks and wastewater treatment systems to construction and building products as well as specialist moulding and filler products for the manufacturing and automotive industries.
Tricel Managing Director Mike Stack said: “Our main success and expansion was actually fuelled by the recession in Ireland which had a detrimental effect on our Irish market which forced us to increase focus on our existing UK market and also on further export markets. We bucked the trend and backed ourselves by making a multimillion euro investment in R&D and plant & machinery within this period.”
“Amongst our biggest business achievements during this time was the fact in 2007 we exported 5% of our turnover and were highly dependent on the Irish construction market. By 2013 our exports had increased to 70% of our turnover. This investment has led to continuous process and design improvements which have ensured our current and future success”
“Being a privately family owned business we pride ourselves in supporting the local economy and where possible, local manufacturers and service providers are the preferred supplier choice. We’re very grateful for the assistance we’ve received from the Government through Enterprise Ireland which has really helped us grow our business and exports to help create these jobs” he concluded.
Originally known as Killarney Plastics which was founded in Killarney in 1973, Tricel also established further operations in UK in 1993 and in France in 2011 from where it won ‘Best Irish Company in France’ award in 2012.
From 2010 to 2013 the company saw growth of 57% with an extra 75 jobs created then and has forecasted turnover to double in the next four years. This will be achieved by the continuing expansion into new markets and through the introduction of new and innovative products into recently newfound markets throughout Europe, Middle East, Australia and the American continents.
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