It was yet another good-news-filled Monday morning with the announcement that Trusource Labs, a Technical Support Services organisation with head offices in Austin Texas, had chosen Limerick as the location for a new International Operations Centre.
This morning’s news comes just a week after the Casa Systems announcement and two weeks after WP Engine also announced plans to locate to Limerick city centre.
Trusource Labs are committed to the creation of over 130 jobs in Limerick over a three-year period. Their intention to base themselves in Limerick city centre is a welcome boost to the local economy.
The arrival of Trusource, WP Engine, Fazzi Healthcare and Casa Systems brings the total number of jobs announced for Limerick over recent weeks to 700.
Let’s look at other announcements over the past year or so. Regeneron (500), Uber (300), Northern Trust (700 target by 2017), viagogo (100), ACI (60), Meco (44), 3 Ireland (100).
A total of 2500 jobs in just two years. This figure doesn’t include the new restaurant, bars or retail stores that have popped up in recent times. It also doesn’t include other important job developments in our county towns.
What is most interesting in the aforementioned list is the diversity of industry Limerick is now attracting. From IT to Pharmaceutical, Transport to Financial Services, Limerick is clearly attracting a diverse variety of often young ambitious new companies who are identifying the quality of our graduates, our quality of life and our global connectivity as prime reasons for investing.
Trusource Labs is headquartered in Austin, Texas. The privately held company services technology companies that specialise in the Internet of Things and providing support for companies that use Apple devices.
Speaking in Limerick this morning the company’s co-founder cited the similarity of Limerick to Austin in terms of lifestyle and overall atmosphere.
Locally we have been critical of slow development of quality office accommodation being created over recent years. However great credit is due to the local authority and the IDA both of who have gone to great lengths to secure the consistent job creation announcements seen in recent months.
As we now move into a new phase where development projects are sets to move, and move at pace, we can be confident that, not only is Limerick now seen as a bankable investment location by global companies, but the plans for our city reflect this confidence now being placed in our city and county.
As Trusource Labs settle into their new home on Henry Street they will join the likes of Glass Lewis and Holmes O’Malley Sexton. They will be greeted by new resaurants and bars like La Cucina and House.
They will have quality hotels like the Savoy on their doorstep. Their staff can enjoy lunchtime strolls on our ever evolving riverfront.
They will overlook key parts of Limerick future development such as the International Gardens and Cleeves across the river.
However most of all I hope that they enjoy the Limerick welcome for which we are becoming so well known. I wish the Trusource team all the very best as the commence their Limerick journey. I trust the part they play in Limerick’s future will be no small one.