The President and CEO of JRI America says the company’s Tralee location displays a strong example of Foreign Direct Investment that is not seeking tax breaks.
Michael O’Dea was speaking at the launch of the business’s new premises in the Kerry Technology Park.
The JRI America team in Tralee has grown five fold since its launch in 2011 when it had 3 employees; it now has 70.
While the move to the new 14,000 square foot premises is part of a strategic plan to position the company for growth, its president Michael O’Dea hasn’t put a figure on that growth.
The development is supported by the IDA. Its CEO Abbeydorney man Martin Shanahan said ‘the move to larger premises demonstrates JRI’s commitment to Tralee’.
Mr Shanahan also used the opportunity to mention the IDA’s €5 million investment in Kerry Technology Park to develop an advanced technology building which hopes to receive planning and begin construction in April.
He also mentioned the importance of the creation of the Munster Technological University through the amalgamation of IT Tralee and Cork IT and its role in producing graduates for industry.
The launch has also been welcomed by Deputy Arthur Spring.