Pramerica announces 330 new jobs for Donegal

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22 July 2015 | 0

Professional shared services and technology company Pramerica has announced that it will build a new, state-of-the-art, eco-friendly office campus near its current location in Letterkenny that will provide 330 new jobs over the next three years, as well as facilitating further growth in the longer term.

The new site is a kilometre from the company’s current facility at Windy Hall, in the same business park. Pramerica said that the first of two construction phases will begin before the end of the year, to be completed by the middle of 2017. The 12,542 sq m facility, which has a potential capacity for 1,800, is expected to open for first occupancy in mid-2016.

“Pramerica is delighted that we have reached this historic milestone just 15 short years since we launched our business in Letterkenny with eight employees,” said Caroline Faulkner, senior managing director and chief information officer, Pramerica Systems Ireland. “With Ireland’s rich pipeline of talent and favourable work environment, now is the ideal time for us to make an investment in a new campus facility.”

The announcement was welcomed by an Taoiseach Enda Kenny, acknowledging the benefit to the region.

“I’m delighted to welcome the creation of 330 new jobs by Pramerica Systems Ireland in Letterkenny,” said an Taoiseach. “This is a major jobs boost for both Donegal and the North West region of Ireland. The Government is determined that the jobs recovery is felt in every part of Ireland. To this end, we are currently publishing a series of regional Action Plan for Jobs to boost local job creation. Pramerica is a fantastic employer in Donegal and I’m delighted that Government could support these jobs through IDA Ireland.”

The sentiments were echoed by the Minister for Jobs Richard Bruton TD.

“Jobs are growing right across the country, and unemployment is falling in every region,” said Minister Bruton, “however the performance is better in some regions than in others. That is why we are putting in place regional jobs strategies, to accelerate job-creation in every region of the country. Over 800 extra jobs have been created in Donegal in the last 4 years in companies supported by my Department – however we must do more. Today’s announcement that Pramerica, a huge employer in Letterkenny and  a world-leading company in its field, is creating over 300 extra jobs with the capacity to double that over the coming years, is a massive boost for Donegal and the entire North West. This shows clearly what is possible through our regional jobs plans. I wish Caroline and the team every success with this project”.

The investment is supported by the IDA, and Martin Shanahan, CEO at IDA Ireland, praised the quality of management and staff at Pramerica.

“IDA Ireland has been working with Pramerica since they first came to Donegal in 2000. Over that time, Pramerica has built up a sizeable workforce here in Ireland. This is testament to the quality of management and employees they have found here. Working with companies to locate in regional areas, like Donegal, is a central part of our investment strategy. This new expansion will enable Pramerica to become one of the largest regional employers in Ireland,” said Martin Shanahan, CEO at IDA Ireland.

 

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