400 new jobs? - Irish Independent

Nwm2

Not in the financial industry.

Cynic in me thinks it is the Vistakon expansion that has been proceeding for a while now, so nothing 'new'. Fingers crossed though...

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http://www.independent.ie/national-news/noonan-promises-400-new-jobs-as-trinity-research-institute-creates-50-posts-3297412.html

UP to 400 jobs are to be created in Limerick.
Finance Minister Michael Noonan said the new positions are in the final stages of negotiations but would not elaborate on what industry they’re in.
Mr Noonan announced the latest jobs boost for the region at the Limerick Chamber Region Business Awards.
“I can tell you it is true and it is at the final stages of negotiation and it will be a big boost for Limerick,” Mr Noonan said.


............ (click link to read more).

Itsdacraic

Nwm2 wrote: »

Not in the financial industry.

Cynic in me thinks it is the Vistakon expansion that has been proceeding for a while now, so nothing 'new'. Fingers crossed though...

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............ (click link to read more).

It's a new business that's starting up. Not an expansion of an existing one.

Nwm2

Itsdacraic wrote: »

It's a new business that's starting up. Not an expansion of an existing one.

Hope so. Source?

liammur

Well if we get 400 new jobs in, from a new company we will have to give them credit. That'll beat 13 years of FF neglect.

redrums

ikea anyone ??

rainbowdash

redrums wrote: »

ikea anyone ??

Surely its M+S:rolleyes:

bazz26

redrums wrote: »

ikea anyone ??

Not unless Ikea build massives stores but manage to keep the location a secret until the day it opens.

h3000

bazz26 wrote: »

Not unless Ikea build massives stores but manage to keep the location a secret until the day it opens.

In fairness it did not say when the jobs would be created. I don't think Ikea is such a crazy idea.

sioda

The Limerick Ryan hotel managed it :P
Any chance its cook medical expanding as they are producing a new fda approved stent

touts

All a big vague. 400 jobs would be a BIG expansion for most current employers (there aren't that many with more than 400 at the moment). In the current global economy very few existing companies would be willing to commit to that sort of growth even over the next 5 years. However a new call centre or the like could start up with say 100 initially and give a vague non committal "potentially increasing to 400 over the next 5 years". That way the company gets to hedge its bets with the lower number and the IDA/Government get good publicity with the higher number.

pigtown

According to the Leader the 'jobs are to be based in the city and that an entirely new company are at the final stages of locating here' They also quote Michael Noonan as saying that they aren't in the financial services sector.

It is often said that a new company in the city centre would be great for business' during the work day with lunches etc. but are there actually any premises in which a company of this size could set up?

FutureGuy

pigtown wrote: »

According to the Leader the 'jobs are to be based in the city and that an entirely new company are at the final stages of locating here' They also quote Michael Noonan as saying that they aren't in the financial services sector.

It is often said that a new company in the city centre would be great for business' during the work day with lunches etc. but are there actually any premises in which a company of this size could set up?

I'm racking my brains since hearing of this announcement and I cannot think of any to be honest, not in the city centre itself?

I think Ikea would be a great shout had we not known it's located in the city centre.

LimerickCity

FutureGuy wrote: »

I'm racking my brains since hearing of this announcement and I cannot think of any to be honest, not in the city centre itself?

I think Ikea would be a great shout had we not known it's located in the city centre.

Would the old Dunnes building on Sarsfield Street be big enough to hold IKEA?

Melion

LimerickCity wrote: »

Would the old Dunnes building on Sarsfield Street be big enough to hold IKEA?

No chance

FutureGuy

Melion wrote: »

No chance

Not if you had 8 of them, but you are right that this Dunnes is the only place I can think of that could hold a company with 400 employees. M+S could go there alright (stirs pot). Ikeas are absolutely ginormous. The one is Dublin is a decent size, the one in Krakow takes about an hour to get around lol.

LimerickCity

Melion wrote: »

No chance

The old Dell building in Raheen then perhaps?

There is no way the city centre infrastructure could accommodate IKEA.

Berty

You cannot retrofit any building for an Ikea without a stupid amount of work. IKea is 3 floors high(including the car park) so no building could handle it. You COULD build one on the M20 somewhere as the motorway could handle it. Ikea in Dublin is a busy car park but the entrance/exit is not busy.

Anyway, it won't be Ikea and I doubt M&S would create 400 jobs. Who knows who it is. I'm still thinking it could be Vistakon even if they say its new business. They could argue that production of a new product is new business.

pigtown

Well often when you hear of new companies opening in Dublin they say that 'X has purchased the former Y office block on the docks' or whatever. Are there any empty offices around Upper Henry Street? It's not an area of the city I know a lot about.

Mc Love

Would Ikea not take over the site of the failed Opera project?? It would be ideal!

Berty

pigtown wrote: »

Well often when you hear of new companies opening in Dublin they say that 'X has purchased the former Y office block on the docks' or whatever. Are there any empty offices around Upper Henry Street? It's not an area of the city I know a lot about.

There is the building at the corner of Lower Cecil Street and Henry Street although 400 people is a bit of a push but the could take the entire upper floors from the Corner of Cecil Street all the way along to Shannon Street, above the old Royal Bank of Scotland building.(I think they are vacant)

Mc Love wrote: »

Would Ikea not take over the site of the failed Opera project?? It would be ideal!

Wouldn't be allowed. Transport nightmare. Ikea had to wait for the M50 and the subsequent flyover to be redesigned for them. No chance that location would be picked for anything like that.

Kess73

Mc Love wrote: »

Would Ikea not take over the site of the failed Opera project?? It would be ideal!

Would be too small for an Ikea set up.


Ikea need a huge amount of space for the store alone let alone the car parking space they need. If they ever came to Limerick they would be getting a site to start from scratch on and wthey would need a site that either has motorway aceess or is very close to the motorway. Not a chance of them setting up within the city limits though as there is simply not a site that could offer the room they need.

pigtown

I just had a look at Daft.ie and they list a few options. Bearing in mind that I have no idea what size building you would need for 400 employees, the building on the corner of Henry St. and Cecil St. looks too small. Other city centre buildings include the old Instore on Ellen St. and the new building on Thomas St. There's also the possibility of this company buying and finishing the Hanging Gardens development on Henry St. And does anyone know if the old Eircom building beside the Garda Station is empty? I guess it really depends on whether or not this company are willing to invest much money in the premises.

There's also the possibility that they said 'city' to distinguish it from Shannon and so the company could be locating in the suburbs. If that's the case then I think there are a lot more options.

Mc Love

Would the building behind instore be big enough?

Berty

The Gardai were using the eircom building so I would assume they still are.

I'm going to assume it could be something to do with UL and the opera centre, that idea was floated before with noonan and the council.

liammur

Jobs like IKEA/M&S aren't what we need, all that will do is out the likes of another furniture/grocery stores out of business

Hopefully it will be a new multi national, IT/pharma etc.

zuroph

Its Icon, its actually the same job, just rehiring every week for 400 weeks.

langdang

zuroph wrote: »

Its Icon, its actually the same job, just rehiring every week for 400 weeks.

They'll be given an iPad to do twitter updates on, so it will be described as being a "high tech, knowledge economy" job

Kess73

liammur wrote: »

Jobs like IKEA/M&S aren't what we need, all that will do is out the likes of another furniture/grocery stores out of business

Hopefully it will be a new multi national, IT/pharma etc.

Would argue that Limerick needs jobs for unskilled workers as badly as it does for skilled workers, probably even more so.


With close to 25,000 unemployed within the city and county, high volumes of unskilled jobs are badly needed.

An Ikea would bring, based on what their most recect 5 stores within Ireland and the UK did, in circa 500 direct jobs and close to the same in indirect roles. Which is far more than it would cause to go in other stores. An Ikea would also draw large numbers of people to Limerick from other counties. It would then be up to other retailers and service providers to try and attract a percentage of those shoppers whilst they were in the area. I know that many retailers on the Ballymun side of Dublin have recorded an increase in sales since the Ikea store opened there thanks to the thousands and thousands of extra shoppers coming into the area. An Ikea store brings in huge volumes of people to areas that those people would not normally go to, it is up to local authorities, planners, retailers and service providers to make the most of that extra volume atthat point.

Ikea are of course out to make as much as they can wherever they open a store, but there is a huge potential knock on effect, in a positive manner, to the surrounding area if people are prepared to letthe potential shoppers know they are there.

I am struggling to think of any other retail outlet in Europe that has such an impact in terms of bringing tens of thousands of extra shoppers to an area each week, as an Ikea store. An Ikea in Limerick would bring shoppers from Galway, Clare, Tipperary, Cork, Waterford, and the midlands. It would also continue to draw in shoppers from those areas all year round. If those shoppers have other things to attract them in Limerick, then they will be spending money in those places as well.

A single M&S store in Limerick would be a positive thing, but a small drop in terms of helping Limerick as it would really only cater to Limerick based people, but an Ikea store in Limerick would mean potential customers coming from outside of Limerick pretty much every single day that the Ikea store was open for business.

I can safely say that a hell of a lot of business people with no connection to Ikea would be very excited if they were coming to Limerick because it would offer so many extra wallets and purses to go after as new customers than there are here now.

I don't think there is a chance in hell of the potential job announcement in the paper being Ikea, but I would be delighted to see them come to Limerick in the future and I can see it as being an attractive location in geographic terms should they decide on having a second store in the Republic of Ireland.

flutered

liammur wrote: »

Jobs like IKEA/M&S aren't what we need, all that will do is out the likes of another furniture/grocery stores out of business

Hopefully it will be a new multi national, IT/pharma etc.

not with eircoms infrastructure, or should i say lack of it, that is why limerick lost out to dundalk some months ago on another hi tech project.

kilburn

Not many buildings really that would take that volume of staff except Thomas Street center, that was sold recently so maybe something in that

langdang

flutered wrote: »

not with eircoms infrastructure, or should i say lack of it, that is why limerick lost out to dundalk some months ago on another hi tech project.

Here, 3megabits should be enough for anyone! ;-(

Clareman

flutered wrote: »

not with eircoms infrastructure, or should i say lack of it, that is why limerick lost out to dundalk some months ago on another hi tech project.

I've helped setup a datacentre for a multi-national company in Shannon, to say that IT Infrastructure in the mid-west isn't good enough for a company is just plain wrong, yes you may have problems at home but you won't if you are a large business, hell, if you wanted to use domestic infrastructure you could just use UPC

liammur

Clareman wrote: »

I've helped setup a datacentre for a multi-national company in Shannon, to say that IT Infrastructure in the mid-west isn't good enough for a company is just plain wrong, yes you may have problems at home but you won't if you are a large business, hell, if you wanted to use domestic infrastructure you could just use UPC

Yes, just total neglect of the region is the root cause, oh and I nearly forgot, the legendary problem that is the doughnut. Don't forgot the doughnut willie o dea.

L.T.P.

Clareman wrote: »

I've helped setup a datacentre for a multi-national company in Shannon, to say that IT Infrastructure in the mid-west isn't good enough for a company is just plain wrong, yes you may have problems at home but you won't if you are a large business, hell, if you wanted to use domestic infrastructure you could just use UPC

In my opinion the I.T. infrastructure here isn't up to scratch at all. Many companies require MANs (Metropolitan Area Networks) as a prerequisite before they decide to locate here and these are not widely available. There is none in Shannon for instance, but yet there is one in Kilrush.

We are light years behind mainland Europe when it comes to I.T. infrastructure. I worked in Germany in 2006 and we had 100mb connectivity at headoffice but in our subsidiary plant here the best we could get was a 2MB leased line. We had to use a radio link for redundancy that cost €40,000 to implement as there was no other option available. I know things have improved since then but change isnt happening quickly enough.

It is rumoured that one of the reasons Paypal located in Dundalk was because they have a MAN whereas the location under consideration in Limerick didn't.

Our I.T. infrastructure isn't up to scratch in any way, shape, or form.

vkid

L.T.P. wrote: »

In my opinion the I.T. infrastructure here isn't up to scratch at all. Many companies require MANs (Metropolitan Area Networks) as a prerequisite before they decide to locate here and these are not widely available. There is none in Shannon for instance, but yet there is one in Kilrush.

We are light years behind mainland Europe when it comes to I.T. infrastructure. I worked in Germany in 2006 and we had 100mb connectivity at headoffice but in our subsidiary plant here the best we could get was a 2MB leased line. We had to use a radio link for redundancy that cost €40,000 to implement as there was no other option available. I know things have improved since then but change isnt happening quickly enough.

It is rumoured that one of the reasons Paypal located in Dundalk was because they have a MAN whereas the location under consideration in Limerick didn't.

Our I.T. infrastructure isn't up to scratch in any way, shape, or form.

Limerick does have a MAN.,.Here's the maps from Enet
http://www.e-net.ie/uploads/File/man_pdfs/Limerick.pdf
http://www.e-net.ie/uploads/File/man_pdfs/Limerick%20BP.pdf

The countries MAN's are managed by Enet from LEDP.
That reason for Paypal is a bit of a red herring imo..and never saw it anywhere as official quote.

the drifter

vkid wrote: »

Limerick does have a MAN.,.Here's the maps from Enet
http://www.e-net.ie/uploads/File/man_pdfs/Limerick.pdf
http://www.e-net.ie/uploads/File/man_pdfs/Limerick%20BP.pdf

The countries MAN's are managed by Enet from LEDP.
That reason for Paypal is a bit of a red herring imo..and never saw it anywhere as official quote.

We've moved. Were in Hamilton house now in Plassey

L.T.P.

vkid wrote: »

Limerick does have a MAN.,.Here's the maps from Enet
http://www.e-net.ie/uploads/File/man_pdfs/Limerick.pdf
http://www.e-net.ie/uploads/File/man_pdfs/Limerick%20BP.pdf

The countries MAN's are managed by Enet from LEDP.
That reason for Paypal is a bit of a red herring imo..and never saw it anywhere as official quote.

I know Limerick has one but as far as I know not all locations/industrial parks have access to it.

phog

flutered wrote: »

not with eircoms infrastructure, or should i say lack of it, that is why limerick lost out to dundalk some months ago on another hi tech project.

Seriously doubt that Dundalk has a better infrastructure from eircom than Limerick.

vkid

L.T.P. wrote: »

I know Limerick has one but as far as I know not all locations/industrial parks have access to it.

the second map above shows what industrial parks are covered. Paypal was mentioned for the old DELL building in Raheen (EMF3)...there is no shortage of bandwidth in Raheen afaik

flutered

Clareman wrote: »

I've helped setup a datacentre for a multi-national company in Shannon, to say that IT Infrastructure in the mid-west isn't good enough for a company is just plain wrong, yes you may have problems at home but you won't if you are a large business, hell, if you wanted to use domestic infrastructure you could just use UPC

shannon and limerick are too different species, the quality of broadband was one of the reasons that was given when limerick lost out to dundalk, i am just quoting the national news at the time, me i have a little over 2mg most of the time, the rest of the time it is under the 2, that is according to the sam says router, its plenty for me, as my needs are meger.

neverwasser

I heard last week that a company that currently sponsors an English Premier League team is about to make an announcement about Limerick.

Berty

neverwasser wrote: »

I heard last week that a company that currently sponsors an English Premier League team is about to make an announcement about Limerick.

Surely you heard the name of the company otherwise that would be a vague thing to hear.

Not knowing anything about soccer I wouldn't know the sponsors either.

h3000

Beer Baron wrote: »

Surely you heard the name of the company otherwise that would be a vague thing to hear.

Not knowing anything about soccer I wouldn't know the sponsors either.

I don't no a whole lot about soccer myself but it seems to be mainly online betting and shopping are the main sponsors now.

Cookiemunster

Beer Baron wrote: »

Surely you heard the name of the company otherwise that would be a vague thing to hear.

Not knowing anything about soccer I wouldn't know the sponsors either.

The 20 PL sponsors are Emirates, Genting Casinos, Samsung, Chang Beer, FxPro, Standard Chartered, Etihad Airways, Aon, Virgin Money, Aviva, AirAsia, Waitrose, aap3, Bet365, Invest In Africa, 32Red, Autonomy, Zoopla, SBOBET and 12BET.

Out of those the only possibilities I could see would be the online casinos or the financial companies opening call centers.

MilfordBud

sioda wrote: »

The Limerick Ryan hotel managed it :P
Any chance its cook medical expanding as they are producing a new fda approved stent

This is a possibility, they are supposedly looking in to 24 hour shifts. I think the manufacturing is only 7am to 5pm at the moment with maybe 3 shifts. The FDA approval is worth millions to them and they will be ramping up production now that they have it.

They've heavily invested in retrofitting their original building and have moved a lot of admin staff to a new building in order to increase production and R&D space.

Hopefully the 400 jobs relate to some other company and that Cook can also bring in extra jobs.

neverwasser

Cookiemunster wrote: »

The 20 PL sponsors are Emirates, Genting Casinos, Samsung, Chang Beer, FxPro, Standard Chartered, Etihad Airways, Aon, Virgin Money, Aviva, AirAsia, Waitrose, aap3, Bet365, Invest In Africa, 32Red, Autonomy, Zoopla, SBOBET and 12BET.

Out of those the only possibilities I could see would be the online casinos or the financial companies opening call centers.

I don't want to spoil it incase I curse the announcement

TestTransmission

L.T.P. wrote: »

Our I.T. infrastructure isn't up to scratch in any way, shape, or form.

It is, you just have to be willing to pay for it.

ZombieBride

I could do with a new job, so fingers crossed on this.

bigpink

Good News For Tipperary Town

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Former Pall Corporation property sold for around €1m

http://www.independent.ie/business/c...m-3301248.html


The largest industrial property to sell in the Irish regions this year has been bought for around €1m.

Located in Tipperary Town, the manufacturing facility extends to over 15,965sqm (171,850 sq ft) on a site of 10.4 acres.

It had been a production centre for health care company Pall Corporation from 1997 until it closed last year.

Joint agents BNP Paribas Real Estate and Moynihan Curran negotiated the sale to an established Irish company which is expected to locate operations in the premises.

However, the agents declined to disclose either the price or the name of the buyer.

The agents had been asking €2m for it originally but are believed to have sold it at less than that figure.

Peter Flanagan of BNP Paribas Real Estate commented that the sale was aided by the fact that the property had a good range of existing services including a significant power supply and the building and site had been well maintained.

Kieran Moynihan of Moynihan Curran said the sale was very good news and a vote of confidence for Tipperary Town.

"It would also hopefully lead to new employment being created at this excellent facility in the short to medium term," he added.


Hardly this is it?

kilburn

bigpink wrote: »

Good News For Tipperary Town

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Former Pall Corporation property sold for around €1m

http://www.independent.ie/business/c...m-3301248.html

I know we constantly try to extend out boundary but that is a bit far to claim that for LImerick jobs.

irishproduce

Rumor alert but could it be the call centre for the new irish water company??