Climate technology firm ActionZero has established a new manufacturing, research and development centre at the former Borg Warner facility in Tralee, Co Kerry to expand its EscoPod product range.
The company is projecting sales to increase €50m over the next two years.
Healthcare and enterprise EscoPod products will be manufactured at the site, which will employ 50 people across engineering and manufacturing roles.
"I’m excited to announce the opening of the ActionZero climate technology manufacturing, research and development centre in Tralee, continuing our rapid growth and contribution to the global climate change challenge," said Denis Collins, CEO of ActionZero.
"We’re also proud to help lead the acceleration of a viable global energy hub in Ireland and Munster. Our decision to locate manufacturing and R&D in Tralee, is a testament to the skills and talent available locally. "
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Collins added that the innovation centre would be "central to ActionZero's development of pioneering technologies that will make a tangible, lasting impact via our unique, patented decarbonisation solutions roadmap.
"We are also very grateful for the comprehensive leadership and support from Enterprise Ireland and IDA Ireland that enabled ActionZero to achieve this compelling Irish regional location.”
ActionZero recently announcement agreements to install EscoPod high-temperature heat pump technology for a number of key clients, including Kepak and Bon Secours Health System, worth in excess of €20m.
Enterprise Ireland CEO Leo Clancy commented: "ActionZero is providing solutions to enable and accelerate our goal to lead in a changing world where climate change is a key global priority. That focus on driving sustainability represents a great opportunity and will be a key growth area for Irish business.”
Minister Michael McGrath was present for the official opening of the facility in Tralee , along with representatives from Enterprise Ireland, Kerry Region and Regional Initiatives and Fine Gael TD for Kerry Brendan Griffin.
“Today’s announcement by ActionZero is welcome news for the Kerry and Tralee region and represents a real boost to the local economy with key jobs and skills in this important sector," said McGrath.
"I very much welcome ActionZero’s commitment to manufacturing in Ireland and the climate change challenge which is to the fore of all our minds. I wish ActionZero every success in its continued growth.”
Photo: Michael McGrath and Denis Collins at the official opening of ActionZero’s new manufacturing, research and development centre in Tralee. (Pic: Clearys Photography)
