The Mayor of the City and County of Limerick, Cllr Michael Collins, has welcomed the announcement today (Monday 16 Nov 2020) that Transact Campus INC is to locate its international headquarters in Limerick with the creation of 110 jobs. The announcement, the Mayor said, reaffirms Limerick’s attractiveness for inward investment, even in this time of uncertainty.
“Foreign direct investment is always hugely welcome so to have an international company announce 110 new jobs for Limerick is a huge vote of confidence in the city and region.
“The uncertainty that exists due to Covid-19 and Brexit has cast a shadow over the Irish economy and for Limerick to be breaking through with this announcement gives us further reason to be confident as we pick up momentum again. We are delighted that Transact Campus with John Gleeson and his team has chosen Limerick, and particularly delighted for the 110 people who will gain employment because of this.
“My and the local authority’s intention now is to ensure we do whatever we can to make sure that there is more to come by way of FDI announcements as we move into 2021 and beyond,” said the Mayor.
Mayor Collins thanked the IDA Ireland for its efforts and said that the investment reflects what can be achieved through a spirit of partnership.
“A huge amount of work is put into securing wins like this, not least by IDA Ireland in terms of the relationships they forge and we benefit from. We must commend the IDA Ireland and its Mid-West Manager Will Corcoran, as well as the efforts of Limerick City and County Council and, indeed, the business community here. Collectively, we have developed a very competitive, pro-business ecosystem and all of these together amounts to a very compelling invitation to companies looking to establish European bases or international headquarters outside of their home country.
“We’ve clearly made that case to Transact Campus and now they have taken us up on this ‘invitation’. Our job is to work together to ensure that their investment here surpasses expectations. I look forward to welcoming them to Limerick in person at the earliest opportunity and helping to build a mutually beneficial relationship.”