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Tag Archives: Shannon Free Zone

New jobs for Shannon

An aircraft interior modification and refurbishment specialist, previously trading as indigenous Irish company UJet Group at the Shannon Free Zone, has announced that it is expanding its business operation and establishing a European Hub at Shannon Free Zone. The merger with US company STS Component Solutions will lead to the creation of 28 jobs at the Shannon operations over the next two years. STS Component Solutions is a division of STS Aviation Group, which currently offer materials management, engineering services, technical support, original equipment manufacturer distribution, and supply chain management solutions to the aerospace industry based in Florida. Making the announcement, Mark Robertson, president, STS UJet said, “We are delighted to be expanding our operation to Shannon Free Zone. Our new facilities provide us with the space to grow and expand into the future. Within two years we expect to more than double our workforce to 50 people, which currently stands at 22 people. aircraft interior modification and refurbishment specialist, previously tradin

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Shannon Group starts work on €10m high spec office block

The inward investment potential of the Shannon Free Zone is set to be significantly boosted following the sod-turning by Shannon Commercial Properties for a €10 million state-of-the-art new office block. The high-spec 55,000 sq ft facility, built to LEED (Leadership in energy and environmental design) Gold standards and located on the newly named Airport Avenue, is the first speculative new-build by Shannon Commercial Properties, a Shannon Group Plc company. The build is part of a €25 million first phase redevelopment programme at the Free Zone. Launched by Minister of State at the Department of Jobs, Enterprise and Innovation Pat Breen TD, the facility will be built to top international standards and is designed for FDI and Irish enterprises seeking high-end office space. In excess of 120 construction jobs will be sustained during construction. The site, located adjacent to Shannon Airport perimeter which was demolished ahead of this investment, work on which will be completed by in May of next year. …

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Major project at Shannon Free Zone

A €3.5 million development of 100,000 sq ft of industrial space in the Shannon Free Zone has been announced by Shannon Commercial Properties. A Shannon Group plc company, Shannon Commercial Properties is on track to complete the €21 million first phase development of the Shannon Free Zone by the end of next year. The company has embarked on the development of a block of industrial buildings (Bay 37), formerly known as the Boart building, adjoining airport lands. The site will be developed for office space, storage, distribution and warehousing. The project will be completed by May of next year and will support 70 jobs during construction. This latest development adds to the ambitious programme that is delivering significant new advanced manufacturing, warehousing and office space solutions at the Shannon Free Zone to support the drive for inward investment into the region. Ray O’Driscoll, CEO of Shannon Commercial Properties said, “This latest development is another project in what has been a very …

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Workforce changes expected at Shannon firms

WHILE Intel will not comment on how their redundancy programme will affect its Shannon operation, it is expected that job losses are likely to be proportionate to the numbers going throughout the company. Intel is laying off 11% of workers around the world and there are around 250 employees in Shannon. An Intel spokesperson said on Wednesday that voluntary redundancy will be available to people within certain criteria, while information on job losses at their individual sites is not currently available. Shannon is a core European research and development site for Intel’s communications and intelligent systems businesses. The company first came to Shannon in 2000, when there were around 40 employees. The work at Shannon is highly skilled, with 95% of workers there educated to third level or higher. According to its website, there are three main focus areas in Shannon: communications and storage infrastructure group, automotive solutions division and a retail solutions division. Accounts filed at the end of last …

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€21m to bring Free Zone into 21st Century

MANY of the buildings in Shannon Free Zone were built decades ago and are in poor shape but with €21 million to be invested in the next 24 months and more to follow, Shannon Group says it will soon be far more suited to the needs of 21st Century industry. Demolition work on some of the old stock begun this week and Shannon Group says the project will significantly strengthen the hand of development agencies in attracting major investment. The agency says the €21m first phase of the redevelopment will take place over the next two years and will support more than 250 construction-related jobs, including the redevelopment of a 12 acre site. As part of the initial phase, two projects have been planned at a combined cost of in excess of €10 million. These include a 40,000ft² Grade A office block and a 30,000ft² advance technology manufacturing unit. Work on the 12 acre site commenced with the demolition of …

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Government’s seven airport ideas

The Government has made seven submissions for funding under the new EU Juncker investment plan for Shannon Airport. The European Commission under the auspice of Commission president, Jean Claude Juncker announced a €315 billion investment plan last November to get Europe growing again. Member states have been asked by the European Commission to submit an initial list of projects, which they felt could be suitable for the programme. Commenting on the inclusion of projects from Shannon Airport, Ireland South MEP, Deirdre Clune described it as “a vote of confidence.” “The seven projects include the construction of three c.6,751 square metre wide body hangers, full renewal of the Shannon airport runway, development of a corporate aviation and cargo terminal infrastructure, fourth generation office blocks in the Shannon Free Zone and refurbishment of the main Shannon airport terminal building,” observed Ms Clune. “One of my main concerns is that we would submit a fair balance of projects from outside the sprawling Dublin …

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John Crane celebrates 40 years in Shannon

John Crane Ireland this week marked a milestone anniversary, as it celebrates 40 years since it planted roots in Shannon. The long-established company, which produces industrial sealing applications, currently employs over 90 workers, with an average length of service exceeding 20 years. To mark its 40 years, Shannon Group PLC made a presentation of County Clare bog oak to the company. Plant manager, Chris Milici said the company has had a very positive experience in Shannon. “The levels of expertise, commitment and dedication are second to none and we look forward to building on our heritage as we grow the business to new heights.” Congratulating the company on its 40th anniversary, Ray O’Driscoll, managing director of Shannon Commercial Properties (which is part of Shannon Group) said, “By any standards, 40 years is a very considerable commitment by a company to a location. It speaks volumes not just about the standards delivered week in, week out by the company but also its …

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Cathaoirleach welcomes establishment of Shannon Group

CATHAOIRLEACH of Clare County Council, John Crowe says Shannon Airport and the surrounding Free Zone have “never been better placed than now to generate new business.” Councuillor John Crowe was speaking following the formal establishment by Minister for Transport, Tourism and Sport Paschal Donohoe of Shannon Group plc, which brings together Shannon Airport, Shannon Commercial Enterprises Limited, Shannon Heritage and The International Aviation Services Centre (IASC). The Cathaoirleach commented: “Ever since autonomy was granted to Shannon Airport there has been a sizeable growth in passenger numbers and new services. Likewise, the fortunes of the Shannon Free Zone and businesses based there have improved considerably during the past 18 months. Furthermore, tourism figures throughout the Mid West Region are also on the rise which is no small part down to the strong leadership that has been shown by those behind the positive developments that have taken place in Shannon.” He continued: “The Minister’s formal establishment of the new entity will also …

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