Tyco

Type
Business expansion
Country
Ireland
Region
Ireland; Southern; South-West
Location of affected unit(s)
Cork
Sector
Public Administration / Defence
84 - Public administration and defence; compulsory social security
84.2 - Provision of services to the community as a whole
84.2 - Provision of services to the community as a whole
500 jobs
Number of planned job creations
Job creation
Announcement Date
27 January 2014
Employment effect (start)
27 January 2014
Foreseen end date

Description

Fire protection and security company Tyco is to create 500 jobs over the next three years in a new business services centre in Bishopstown, Co Cork. The new jobs will be in sourcing and procurement, customer service, research and development, information technology and finance roles.

The company’s vice president said Tyco selected Ireland for its new centre because of its knowledge base as well as the "availability of a strong technical workforce".

The company had previously employed 500 people in manufacturing facilities in Cork and Shannon, but they closed in 2007 and 2008 due to competitiveness factors.

Sources

  • 27 January 2014: The Irish Times
  • 27 January 2014: Irish Independent
  • 27 January 2014: RTE

Citation

Eurofound (2014), Tyco, Business expansion in Ireland, factsheet number 76485, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76485.