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16/07/2012

Shay Murtagh Precast Announces €3m Plant Investment

The Minister for Jobs, Enterprise and Innovation Mr. Richard Bruton T.D has announced that Irish concrete products manufacturer Shay Murtagh Precast has created 41 new jobs supported by the Government through Enterprise Ireland.

The company is also investing approximately €3m in state-of-the-art technology for the production of precast concrete tunnel segments.

Established in 1981, Shay Murtagh Precast Ltd is a second generation family business and one of Ireland’s leading pre-cast concrete production companies. The company has created the jobs to support its significant export-led growth. Exports account for more than 75% of the company’s total sales.

Making the announcement Minister Bruton said: “A central part of the Government’s plan for jobs and growth is creating a powerful engine of indigenous, export-focused companies. Manufacturing must be a particular focus as we seek to create the jobs we need, and last week we announced the establishment of a manufacturing development forum which will report back within six months on specific measures which we can take to develop this sector.

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“Today’s announcement that Shay Murtagh Precast has expanded to create 41 new jobs is great news for Mullingar and the surrounding region. Through continued implementation of the Action Plan for Jobs, I am determined to ensure that we can see more announcements like this around the country over the coming years.”

Ciaran Murtagh Managing Director of Shay Murtagh Precast added:“The tunnel infrastructure sector has been a key area of focus for our company over the last number of years and we are delighted to be in a position today where we have not only created 41 new jobs, but more importantly secured the jobs of our existing 75 employees. We have invested a lot of energy in a strategic and focused expansion into the UK Infrastructure market. This solid expansion plan has provided our company with a platform for the future and we look forward to continued support from Enterprise Ireland in our ongoing pursuit of new and exciting opportunities.”

(GK)

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