Business News

Tyco to open business services centre in Cork

By Business & Finance
27 January 2014

Minister for Jobs, Enterprise and Innovation, Richard Bruton, 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.

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 $10bn in annual revenue, the company has more than 65,000 employees in 1,000 locations in nearly 50 countries.

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.

Tyco would like to begin building a local talent pool that could eventually help fill those roles.

George Oliver, Tyco chief executive officer said: “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.”

Minister Bruton TD said: “ Today’s announcement that Tyco is establishing an operation in Cork with the potential to create more than 500 jobs is a huge boost for the city and for Ireland. I am determined that with the strong implementation of our plan we can see further announcements like this to create the jobs we need.”

Phil McVey, vice president, Tyco Business System said: “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.”