The expansion project which is supported by the Irish Government through IDA Ireland highlights the company's commitment to growth and community development.
The €14 million expansion project, which includes constructing a new building, will feature a cutting-edge technology and training centre, testing laboratories and a customer experience centre. This development will boost PennEngineering’s ability to meet rising demand for its engineering fastening solutions. The expansion will create a range of new jobs across manufacturing, engineering, training and other areas, providing diverse opportunities for local talent.
Minister of State for Trade Promotion, Digital and Company Regulation, Dara Calleary TD said: "I am pleased to welcome this announcement from PennEngineering which will see the creation of 70 jobs as part of a major expansion project. Investments such as the one today continues to advance Galway’s position, in particular, as a global hub. I am pleased to welcome this announcement and wish PennEngineering every success.
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"We are thrilled to expand our operations in Galway," said Mary Ann Fleming, President of PennEngineering Europe. "This investment reflects our confidence in the potential for growth in the region and our commitment to contributing to the local economy. We look forward to welcoming new members to our team and continuing to innovate in the world of fastening technology. Our on-site manufacturing also continues to expand with the introduction of new products continuing our 85-year history of product innovation in self-clinch fasteners. Supporting training and development of our people and job creation are priorities for us and this expansion is key to this initiative. As part of this growth announcement, we welcome the board of PennEngineering on site for their Bi Annual meeting and wish them well as they strategise for the future of our global company."
Pete George CEO of PennEngineering, said: "Our long-standing partnership with Ireland and the IDA spans over 20 years, and their support has been invaluable in fostering the growth and development of our business in Europe."
Mary Buckley, Executive Director of IDA Ireland, stated: "PennEngineering has been in Galway since 2001 and this announcement today highlights their ongoing commitment to the West Region. The operation is already a recognised centre of excellence within the global organisation and this 4000m² expansion and 70 jobs further enhances its strategic capabilities in Galway. I wish the PennEngineering team continued success."
The expansion is set to finish by January 2025. PennEngineering® will start recruiting immediately, with job openings posted on the company’s website and local job boards.
