THERE has been a warm welcome to plans to create another 140 jobs at the Raheen business park.
Canadian-headquartered company Optel Vision, which specialises in track and trace and vision inspection solutions for the manufacturing industries is to open a base at the former ON Semi premises in Raheen.
ON Semi moved to its own state of the art premises last year. The jobs, created as part of an IDA-backed plan, will be created over the next five years, with the roles created in engineering, design, assembly testing, customer support, sales, HR and finance.
Pat Daly, director of economic development and planning at the local authority, said: “The manufacturing sector in Limerick and the wider region continues to perform excellently despite growth throughout the remainder of the Eurozone slowing somewhat. The primary reason behind this is the positive operating environment that exists in Limerick and the fact that this is being recognised by indigenous companies and by multinationals seeking fresh investment opportunities.”
Chamber interim chief executive Dr Orlaith Borthwick added: “Limerick has a renowned historic strength as a centre for manufacturing excellence, reflected in the fact that this is Optel Vision’s first operation and engineering service outside of North America. We are delighted to hear that recruitment for the 140 jobs that will be created is already underway and we have no doubt that future expansions will occur given the skilled and flexible workforce available ”
LIT president Dr Maria Hinfelaar described Limerick as “a rising star” for foreign direct investment here.
“The city and hinterland offers quality but also the most affordable living standards of any of the country’s main urban centres. There has been a huge realignment of local government which is streamlining services. On top of that, there is the very strong resurgence at Shannon Airport. So, all in, Limerick is ticking the right boxes for investors and we are confident we will see more of this in the future,” she said.
Education Minister Jan O’Sullivan says the announcement “cements Limerick’s reputation as a critical hub for innovative companies seeking high-quality employees. “
“Investment in education and training is a key aspect of the Government’s job creation strategy and I will be playing a full part in advancing that vital agenda in the Department of Education and Skills,” she promised.
The announcement comes amid news that the Live Register fell by 8.5% in Limerick over the last year.
“That’s a positive development but more needs to be done. The Government has a range of high quality schemes such as Momentum, Springboard and JobsPlus that can help people retrain and learn skills in demand in growing sectors of the economy,” Ms O’Sullivan said.