A Killarney company is to create 200 jobs.
Tricel's announcement coincides with the Taoiseach's launch today of the company's sustainability and exapansion programme.
The enterprise provides high performance solutions for the water storage, environmental, construction, and materials industries.
Tricel provides high performance solutions for the water storage, environmental, construction, and materials industries.
The Taoiseach, Micheál Martin officially launched the company’s sustainability and expansion programme, at its base in the Ballyspillane Industrial Estate, Killarney today.
Tricel has installed a combined heat and power system into its factory.
There’s 765 kilowatts of solar heating on the plant’s roof, producing 25% of its energy needs.
It also has a 500 kilowatt heat pump system, which along with the solar panels, will reduce oil dependency by 90%.
Tricel CEO Mike Stack says generating their own electricity was a major factor in the investment.
He also notes the company currently has 35 vacancies, but hopes to hire 200 people this year.
Mayor of Kerry, Jimmy Moloney was at the official launch; he feels the Government should be assisting companies like Tricel in their sustainability developments.