The new facility will become the primary manufacturing site for all PEM clinch products sold in Europe. In addition to the existing onsite manufacturing facilities, the site has a Research and Development Centre and an Application Engineering Centre, offering full custom fastener and installation design and test capabilities. The new facility will make the Galway site a 'centre-of-excellence' focusing on developing innovative solutions for the European market.
An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald TD said: "I warmly welcome the investment by PennEngineering in a new 80,000² ft. facility which will make Galway a centre-of-excellence within the company. Since its arrival in Galway in 2001, Penn Engineering® has gone from strength to strength. The Government and agencies in my department are working hard to attract highly innovative and high-quality foreign direct investment.
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"Expanding the manufacturing sector and driving regional development such as this are key priorities for the Government. I look forward to a mutually beneficial relationship in the coming years."
Minister of State, Sean Kyne said: "I am delighted to see PennEngineering establish this centre-of-excellence in Galway. It is a sure sign of the success of the company which is celebrating its 75th anniversary and it is a tribute to the commitment and dedication of the team here in Galway. As Minister of State at the Department of Communications, Climate Action and Environment, I am particularly heartened to learn that the new facility has been built to the highest environmental considerations with the very latest sustainability and ecological technologies. I wish the team the very best with the new facility and continued success on the international stage."
IDA Ireland CEO, Martin Shanahan said: "It's great to see a well-established company like PennEngineering expand its operations in Galway with the development of this fine new facility. It demonstrates a strong commitment by the company to Galway and to its 200 staff. I wish Mary Ann, Liam and their team continued success as they officially open this new facility and celebrate their 75th anniversary."
(CD)
