A Kerry town has been described by a government minister as a ‘shining example’ of a rural town with great companies at the core of its economy.
Minister Richard Bruton says the IDA regularly uses successful businesses in Killorglin as an example of what can be achieved in terms of investment and employment in the regions. Responding to a Dáil question from Deputy Brendan Griffin, the Minister for Jobs Richard Bruton said Killorglin is a shining example of a strong rural town that has a strong economy primarily due to a handful of great companies at its core. He said that having financial services company, Fexco, which employs approximately 850 people, is the real source of this success. Minister Bruton said the employment performance in Killorglin is down to the overall calibre and number of successful companies based in the town, some of them for decades. He noted that the IDA regularly promotes local companies, Astellas and Temmler as reference companies in the region to promote Killorglin as a location for prospective investors. The government recently published its Regional Action Plan for jobs for the southwest region. Deputy Brendan Griffin said Killorglin should be studied by the IDA and Enterprise Ireland in the context of that plan and the future promotion of investment in the region.