SHANNON is to get a significant jobs boost with US company Zagg set to create 160 jobs by the end of next year and 300 jobs over the next four years.
Zagg makes mobile electronics accessories, including transparent covers for screens.
In 2010, the company recorded revenue for the year of US$76.1 million, an increase of almost 100% on the previous year. Its gross profit for the full year was $37.4m.
The company is set to occupy the building that was previously used by Tyco Electronics.
Mayor of Shannon Tony Mulcahy said he had received word that the project is going ahead. “I’ve been in formal contact with the promoters and they have confirmed that it is going ahead. A formal statement will be released on it in April,” he said.
Mr Mulcahy said there would be around 160 jobs put in place by the end of next year, with the vast majority being provided by a company that will be associated with Zagg.
The number is projected to increase by another 140 positions over the following three years.
The arrival of the jobs will be very welcome, as there were 10,814 people on the Live Register in Clare last month, while anecdotal evidence suggests emigration is increasingly prevalent.