Climate technology company ActionZero is building a new manufacturing, research and development center in Tralee, Co Kerry at the former Borg Warner facility.
The new facility will employ up to 50 high value engineering and manufacturing jobs locally and ActionZero plans to invest € 3m in the company over the next three years.
The Enterprise Ireland-backed company will continue to develop and expand the EscoPod high-temperature heat pump technology product range from its new Tralee facility, and plans to grow sales of € 50m over the next two years. year.
ActionZero’s chief executive, Denis Collins, said the company was proud to help lead the acceleration of a vibrant global energy hub in Ireland and Munster.
“Our decision to seek Manufacturing and R&D at Tralee, is a testament to the skills and talent available locally,” Mr Collins said.
The center of innovation will be at the center of ActionZero’s advancement of pioneering technologies that will create a tangible, lasting impact through our unique, patented decarbonization solutions roadmap, ”he said.
“We are also very grateful for the comprehensive leadership and support from Enterprise Ireland and IDA Ireland that has enabled ActionZero to achieve this attractive location in the Irish region,” he added.
“The announcement of Action Zero today represents a strong commitment by Tralee and to maximizing its impact on the climate technology sector,” Enterprise Ireland chief executive Leo Clancy
“ActionZero provides 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 huge undertaking. opportunity and could be an important growth area for Irish business, ”he added.
Minister for Public Expenditure and Reform Michael McGrath said the news from ActionZero was welcome for the Kerry and Tralee region and represented a real boost to the local economy with significant jobs and expertise in this important sector.
“I very much accept ActionZero’s commitment to making Ireland and the challenge of climate change that is at the forefront of all our minds,” he added.