Irish-owned climate technology company ActionZero has announced the establishment of a new manufacturing, research and development centre in Tralee, Co Kerry, at the former Borg Warner facility.
ActionZero will manufacture its healthcare and enterprise EscoPod products at the site, and is projecting sales growth of €50 million over the next two years. The site will employ up to 50 “high-value” engineering and manufacturing jobs locally.
ActionZero said it had plans to invest €3 million in the company over the coming three years.
The group recently announced agreements to roll out the EscoPod high-temperature heat pump technology across a number of key clients including Kepak and Bon Secours Health System among others, with combined deal value more than €20 million.
ActionZero chief executive Denis Collins said he was “excited” to announce the opening and continue the group’s “rapid growth and contribution to the global climate change challenge”.
“We’re also proud to help lead the acceleration of a viable global energy hub in Ireland and Munster,” he said. “Our decision to locate manufacturing and R&D in Tralee is a testament to the skills and talent available locally.
“The innovation centre will be central to ActionZero development of pioneering technologies that will make a tangible, lasting impact via our unique, patented decarbonisation solutions roadmap.
Enterprise Ireland chief executive Leo Clancy said: "Action Zero's announcement today represents a really strong commitment to Tralee and to scaling its impact in the climate technology sector.
“ActionZero is providing solutions to enable and accelerate our goal to lead in a changing world where climate change is a key global priority. That focus on driving sustainability represents a great opportunity and will be a key growth area for Irish business.”