Verizon Communications Inc. (Verizon) has announced the establishment of a Global Centre of Excellence in Limerick.
The centre will be based at the 1BQ building that is currently being constructed on the city's riverfront. Verizon has retained 10,000m2 of the building which is designed to achieve LEED GOLD standard, and a Wiredscore Platinum certification. Developers Kirkland Investments anticipate 1BQ will be ready to welcome Verizon in Q1 next year.
The new centre will create hundreds of jobs over the next two years with and has full support of the Irish Government through IDA Ireland.
Since 2006, Verizon currently employs 1,000 highly skilled professionals in Dublin.
Minister for Enterprise Trade & Employment Simon Coveney said: "We should never take for granted an announcement like this one. One of the world’s leading providers of technology and communications services has chosen Limerick for their new Global Centre of Excellence. More than 400 jobs will be generated from this announcement. This is a significant commitment and endorsement of Ireland, and in particular, the skilled workforce in Limerick. I want to thank Verizon for their continued investment in Ireland."
Craig Silliman, President, Verizon Global Services said: "This Centre of Excellence will bring together key functions in a creative, collaborative environment that leverages global talent and maximizes our shared services model to best deliver for our businesses globally.
"As we continue to leverage our global footprint to best serve our customers, grouping these functions in a world-class centre will improve effectiveness and efficiency to deliver best-in-class results for our customers, employees, and partners."
CEO of IDA Ireland Michael Lohan said: "Verizon's decision to expand its presence here demonstrates its confidence in Ireland. The selection of Limerick City for this Centre of Excellence and the creation of roles across multiple strategic global functions, including, Strategy & Transformation, Finops and Network Engineering & Cyber will position the Mid West and Ireland well for future investment in the sector. I’d like to wish Verizon every success with this expansion and assure the leadership team of IDA Ireland’s continued support."
Photograph: Maxwells
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
22/11/2024
A contract to design the Sandymount Flood Defence Scheme in Dublin has been awarded to Jacobs by the City Council. Sandymount is one of the city areas most vulnerable to coastal flooding and is also, separately, at risk from surface water flooding, i.e. run-off from rainfall. The contract ...
22/11/2024
Northern Ireland construction company Farrans has scooped a Highly Commended All-Ireland Occupational Safety Award. The company's SHE team members Joe Loughan and Ryan Carson attended the recent premier event, which were held in the Great Southern Hotel, Killarney, to be presented with a ...
22/11/2024
A 'Back to the 80s' themed charity ball, which was sponsored by a number of construction companies, has helped raise a record-breaking £118,000 profit for WaterAid. The international charity's event was held recently in Titanic Belfast will all of the funds raised going towards the WaterAid ...
22/11/2024
The M3 Lagan Bridge in Belfast will undergo urgent repair work from Tuesday, November 26, in order to replace damaged joints. As a result of the essential requirement to carry out these works, and to ensure the availability of specialist contractors, a series of lane closures will be in place ...
22/11/2024
Scheduled resurfacing works at the Syndenham bypass in Belfast, which were due to continue this weekend, will now not go ahead and the road will remain open. This comes as a result of a yellow Met office warning put in place for part of Saturday. An overnight closure will remain in place between ...
22/11/2024
Works to improve Kinsale's water supply in County Cork are set to commence next week. The project entails the replacement of over 500 metres of old watermains that are prone to frequent bursts and leakage with new modern pipes. The works will be carried out by Ward and Burke Construction Ltd on ...
22/11/2024
The first phase of sewer relining works on the Shore Road in Belfast has been successfully completed ahead of schedule by contractor Murphy Dawson WAM, NI Water has announced. As a result, the road has now fully reopened earlier than anticipated. The work to date has seen over half a kilometre of ...
22/11/2024
Leakage reduction works and water supply improvements to homes and businesses in Dublin 2 have been completed. The works, which were carried out on behalf of Uisce Éireann by GMC Utilities Group Ltd, involved the replacement of 180 metres of ageing water pipes between the junction of D'Olier ...
22/11/2024
CRH member company Roadstone has completed a major plant and equipment investment at its quarry, aggregates, and concrete products sites in the Republic of Ireland. The equipment – supplied to them by Komatsu and Metso distributors in Ireland, McHale Plant Sales – included Komatsu WA475 and WA600 ...
22/11/2024
A new member has been added to the Ministerial Advisory Group (MAG) for Architecture and the Built Environment for Northern Ireland. Mrs Suzanne McCoy has been announced as the latest MAG addition by Communities Minister, Gordon Lyons MLA, and will begin her role from December 1, 2024 until ...