AMERICAN company EtQ took just two months to decide to base its European headquarters in Limerick City.
The IDA’s regional manager Conor Agnew revealed bosses at the company, which provides software to identify, mitigate and prevent high risk events, only visited Limerick in mid-August.
Normally, companies can take months to decide where to locate its headquarters in Europe.
However, EtQ announced 30 positions in Limerick last Wednesday for computer science graduates.
Mr Agnew said: “I am particularly pleased by this announcement, because this was the first itinerary I welcomed Limerick, and it was a very quick turnaround. They only visited on August 21.”
Mr Agnew added that the company has yet to finalise its location in Limerick.
“It is a niche software company. The potential is to have 30 jobs, but this will most likely happen over three years as they develop their location in Europe. Their footprint in terms of office space would be quite small. They have looked at both the city centre and the National Technology Park,” he said.
Headquartered in New York, EtQ has been providing solutions for integration, automation, and collaboration to a variety of markets for more than 20 years.
Morgan Palmer, chief technology officer at EtQ, said: “We decided to locate our European headquarters in Limerick to help support the significant growth we are experiencing in the European market in particular. We look forward to growing our operation in Limerick and hiring high-quality people with computer science qualifications and technical sales capability.”
Meanwhile, political and business representatives in the city have welcomed the latest IDA-backed jobs announcement.
Finance Minister Michael Noonan said: “These jobs will be filled by individuals with computer science qualifications and technical sales capability. This IDA supported announcement is a boost for Limerick and demonstrates that the city is an attractive location for Multi-National Companies to expand.”
Chairman of the economic committee, Cllr Diarmuid Scully said this announcement “shows Limerick is on the map”.
“Anybody locating here will know that business costs are falling rapidly, and there is a highly skilled workforce. Limerick si very much the place to be and the place to locate for foreign direct investment. You wont get a better work environment than you will find in Limerick,” he said.
The jobs announcement came as part of a nationwide briefing by Taoiseach Enda Kenny, who announced a total of 335 positions for Dublin Cork and Limerick from nine North American and European companies. The new jobs are spread across a sectors including Software Development and digital media.