FDI of the Month July 2020: MTech Mobility announces significant expansion into European markets

FDI of the Month | Wed 29 Jul | Author – Business & Finance

MTech Mobility (MTech), a global leader in providing comprehensive lifecycle and repair services for mobile and IT devices used in the workplace, has announced its expansion into the European market

Following several years of rapid growth, MTech has leased a 1400m² facility at Ardcavan Business Park Wexford, which serves  as its European base of operations. Conveniently located from a logistic and staffing point of view, the facility is expected to create 25 jobs over the next three years. Applications are being accepted at https://www.mtechmobility.com/mtech-europe.

The project is supported by the Irish government through IDA Ireland.

Tony Fernandez, CEO of MTech, said: “MTech’s demand is being driven by US-based multinational customers and partners as well as regional organisations headquartered in Europe. We look forward to helping existing US customers with their global reach and bringing this exciting service to new customers in Europe.”

General Manager of European Operations for MTech Jerry Whiston, said: “Ireland is an ideal launching point for expanding into Europe. It’s an English-speaking country with a great university training system, great workforce, and it’s part of the European Union.”

MTech’s European operations will replicate MTech’s proven US-based approach to managed services delivery, including device, operating system and wireless carrier-agnostic services focused on deploying, supporting and managing mobile and IT devices of any kind. These services allow the enterprise to offset the heavy lifting associated with technology innovation to achieve speed to market, drive end-user satisfaction and maximize return on IT investment.

This investment announcement is a strong vote of confidence in Wexford, and will be a valuable addition to the growing technology cluster in the South East region.

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar T.D. said, “I warmly welcome MTech to Ireland, and indeed to the South East. The creation of 25 new jobs in Wexford is good news for the region and demonstrates that, despite the considerable challenges facing our economy, Ireland’s ability to attract Foreign Direct Investment is very strong. We have the skills and the talent required for companies like MTech to set up here.”

CEO of IDA Ireland Martin Shanahan said, “This investment announcement is a strong vote of confidence in Wexford, and will be a valuable addition to the growing technology cluster in the South East region, which has proven its agility and adaptability despite the unprecedented challenges of the COVID-19 Pandemic. I wish MTech Mobility every success with this expansion.”

The European expansion is the latest in a series of major milestones for MTech in recent years. In 2019, MTech moved its global headquarters from Sarasota, Florida, to Palm Beach Gardens, Florida, and changed its name from MTech MDM to MTech Mobility. The Sarasota facility is now a fulltime international call centre.  In early 2020, MTech acquired its largest parts supplier and recycler ION Parts, which builds supply-chain support systems for leading wireless repair brands. Wholly owned by MTech Mobility, ION will continue operations as a quality parts and accessory brand, and continue to operate its asset recovery and quality control facilities in Atlanta, Shenzhen, and Hong Kong, China to support its expansion in Europe.