Irish climate technology company ActionZero will invest €3 million in a new facility in Tralee, creating up to 50 engineering and manufacturing jobs.
The company will manufacture its EscoPod high temperature heat pumps at its Co. Kerry site and expects sales to grow by €50 million over the next two years.
ActionZero recently announced agreements to launch EscoPods with food company Kepak and Bon Secours Health System, among others, totaling over €20 million.
The EscoPod provides heating and cooling without fossil fuels at higher temperatures.
ActionZero’s chief executive officer (CEO), Denis Collins, said the company “wants to help drive 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 that are available locally.
“The Innovation Center will be central to ActionZero’s development of breakthrough technologies that will have a tangible and lasting impact through our unique, patented roadmap for decarbonization solutions.”
The manufacturing, research and development center in Tralee is located on the former site of the US automotive supplier Borg Warner.
Public Expenditure Secretary Michael McGrath attended the official opening of the new facility on Monday.
“Today’s announcement of ActionZero is welcome news for the Kerry and Tralee region and represents a real boost to the local economy as there are important jobs and skills in this important sector,” he said.
“I very much applaud ActionZero’s commitment to manufacturing in Ireland and the challenge of climate change, which is close to our hearts. I wish ActionZero every success as it continues to grow.”
Enterprise Ireland CEO Leo Clancy said the announcement “represents a really strong commitment to Tralee”.
“ActionZero provides solutions to enable and accelerate our goal of leadership in a changing world where climate change is a key global priority. This focus on promoting sustainability represents a major opportunity and will be a major area of growth for the Irish economy.”
https://www.independent.ie/business/jobs/climate-tech-firm-actionzero-to-create-50-jobs-in-tralee-41653672.html Climate technology company ActionZero wants to create 50 jobs in Tralee