THE MID-WEST received a timely job boost this Thursday with the announcement of a new industry for the Annacotty Industrial Estate.
Sixty people will be employed in the first two years in the former Ferenka plant by an American company manufacturing printing equipment. And the workforce is expected to increase as the project builds up to full production. Despite severe competition from other European countries, the IDA managed to convince DIDDE Graphic Systems Corporation from Emporia, Kansas, to come to Limerick.
The company, which will start recruiting straight away, will be in production by April.
They will manufacture a range of web-offset printing presses and related printing equipment.
Minister for Industry, Trade, Commerce and Tourism, Mr John Bruton, who made the announcement, told the Limerick Leader the project involves a capital investment of over £5 million and is expected to employ 60 people in the first two years of production.
Minister for Justice, Mr Michael Noonan, is “delighted” that Limerick won the battle to persuade the American company to set up here.