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19/09/2012
400 New Jobs For Limerick With US Firm Expansion
Some 400 new jobs will be created in Limerick when a leading US financial services company more than doubles its workforce as part of a major expansion of its Irish operation.
Northern Trust, a fund administrator, will take on the 400 new staff at its Limerick base over the next five years.
Minister for Jobs Richard Bruton, who met company executives during a trade mission to the US, made the announcement.
“These are highly skilled roles and the company will work with University of Limerick and the Limerick Institute of Technology in filling them,” he said.
“I commend my officials, the IDA and all involved in securing this investment. As we in Government continue to implement our plan for jobs and growth I am determined to ensure that we can see more announcements like this around the country in the coming years.”
The Limerick office, which already has 300 workers on the payroll, is regarded as a fund administration centre of excellence.
It provides administration and support to alternative, multi-manager and traditional investment managers, pension funds, multinationals, insurance companies and not-for-profit organisations.
(H)
Northern Trust, a fund administrator, will take on the 400 new staff at its Limerick base over the next five years.
Minister for Jobs Richard Bruton, who met company executives during a trade mission to the US, made the announcement.
“These are highly skilled roles and the company will work with University of Limerick and the Limerick Institute of Technology in filling them,” he said.
“I commend my officials, the IDA and all involved in securing this investment. As we in Government continue to implement our plan for jobs and growth I am determined to ensure that we can see more announcements like this around the country in the coming years.”
The Limerick office, which already has 300 workers on the payroll, is regarded as a fund administration centre of excellence.
It provides administration and support to alternative, multi-manager and traditional investment managers, pension funds, multinationals, insurance companies and not-for-profit organisations.
(H)
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Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
