The announcement of 300 jobs in Nenagh by First Data has the potential to boost the North Tipperary town and surrounding area over the foreseeable future.
The company is to employ people in R&D at the facility in Stereame Business park, bringing high-tech employment and high-earners to the town and surrounding area.
It is expected that the total number of jobs that will eventually be created following the trickle down effect will be closer to 500, through a combination of support businesses coming to town, extra jobs in existing localbusinesses and contruction jobs as more houses will need to be built. Indeed, planning permission was granted some years back for 380 houses in Stereame, with several more earmarked for Dromin Road. Neither went ahead when the crash came.
And the Tipperary Star understands that First Data could already be thinking of expansion should reports that it is interested in purhcasing the green area beside the current premises.
“This is a game changer for our town and the wider locality. This is not just 300 well paid jobs locally, but also hundreds of indirect jobs will be created because of this commitment. This will bring €18m to €20m in wages into the local economy. Retail, hospitality, the services and, at last, even the construction sectors will all be rebooted by this investment. This will see jobs for local people, emigrants returning home and jobs for people coming to live here anew,” said Minister Kelly.