€3.5m expansion for Tipperary Technology Park


17 Mar 2009

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Shannon Development has appointed Glenman Corporation Ltd to undertake a €3.5m expansion at Tipperary Technology Park (TTP) in Thurles.

“In turbulent economic times, it is critical that we continue to invest in high-quality infrastructure to entice potential investors,” said Vincent Cunnane, chief executive, Shannon Development.

Since opening the TTP in 2000, Shannon Development has invested €3.8m in developing two buildings at the park to provide property solutions for indigenous and foreign direct investors. Both of these building are almost fully occupied.

This third building will bring total investment at the Park to €7.3m.

“We must send an unequivocal message to all developers, investors and entrepreneurs that Ireland is still an attractive and competitive business location, with a skilled, highly educated, and flexible workforce,” Cunnane said.

“This is why Shannon Development is undertaking this €3.5 investment at our Tipperary Technology Park. By doing so, we are sending a clear message that we are open for business,” Cunnane added.

By John Kennedy