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Potential 500 New Jobs For Cork As Tyco Open Business Services Centre

Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced that Tyco, a multinational fire and security company, has proposed to establish a business services centre in Cork that could see Tyco potentially create more than 500 positions locally over three years.

“500 potential jobs for Cork is fantastic news for the local economy. Cork is home to 149 overseas companies in the South West Region employing 27,860 people. In recent years, Ireland has experienced a general improvement in its cost competitiveness. Tyco are a truly global company, with operations in nearly 50 countries across the world. This Tyco centre will provide opportunities for candidates with a variety of educational backgrounds – I would encourage anyone interested to look through Tyco’s local career website.”

Barry O’Leary, CEO of IDA Ireland

As the world’s largest fire protection and security company, Tyco provides more than three million customers around the globe with the latest fire protection and security products and services. With more than $10 billion in annual revenue, the company has more than 65,000 employees in 1,000 locations in nearly 50 countries.

“Ensuring the consistent, efficient delivery of services to our business is critical. We chose Ireland for this centre to take advantage of the country’s knowledge base and successful record of supporting operations centres like these. With 140 similar centres already located here that support companies based around the world, we were attracted to Ireland’s expertise and culture of innovation, as well as the availability of a strong technical workforce that can hit the ground running to support a range of functional areas.”

Phil McVey, Vice President, Tyco Business System

The proposed establishment of a business services centre in Cork will enable the company to improve the efficiency of processes in several central support functions, including sourcing and procurement, customer service, research and development, information technology, and finance.

The project is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

We are pleased to propose the creation of a new business services centre in Cork. This centre will enable us to deliver services more efficiently, increasing our competitiveness, customer satisfaction and shareholder value.”

George Oliver,Tyco Chief Executive Officer

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