UTC Opens Cork Research Centre
UTC Opens Cork Research Centre
Ministers Back Energy Research as UTC's €15m Research Centre Brings 37 Jobs to Cork
US technology giant United Technologies Corporation is building a unique energy and security research centre in Ireland which will create 37 new research jobs in Cork through a €15 million investment over the next four years.The investment is supported by the Irish Government through IDA Ireland.
UTC's research agenda will centre on energy and security systems and will begin in the Tyndall National Institute at University College Cork.
UTC is also founding a new research body, the International Energy Research Centre (IERC), which is being jointly funded by Department of Enterprise, Trade and Innovation and the Department of Communications, Energy and Natural Resources.
The IERC will work with leading Irish, European and international researchers on technologies relevant to sustainable energy systems.The IERC's Funding will come from industry sources, too. Stakeholders will include key companies, both indigenous and from Ireland's foreign direct investment portfolio, who will determine the research and development agenda.
"This unique energy research project shows the new economy will be clean, green and high-tech, with Ireland at its centre" - said Minister for Communications Energy and Natural Resources, Eamon Ryan TD, pictured above.
Minister Ryan described the new project as a "ground-breaking and exciting development in Irish energy and information communications technology research.
"I am delighted by the collaborative nature of this joint investment by two Government departments in the creation of IERC.
We in Ireland recognise that competition for and use of resources,particularly energy, will define the future.
"This critical piece of research infrastructure for Ireland's smart economy has the potential to drive sustainability initiatives and lead to substantial future investments in Ireland."
UTC Director and Vice President, Research, David Parekh said: "As a catalyst and founding member of the International Energy Research Centre, our Ireland operation will be the European hub of our network of global innovation.We look forward to working with our Irish partners to grow our respective leadership positions in clean technology research".
United Technologies Corporation is the 17th largest manufacturer in the US. It is a global provider of high-technology products and services to the building systems and aerospace industries, through companies like Otis, Carrier, UTC Fire and Security, Pratt and Whitney, Hamilton Sundstrand,Sikorsky and UTC Power. UTC employs more than 200,000 people in 70 countries.
"Opening the United Technologies Research Centre Ireland reflects our long-standing commitments to scientific excellence, business impact and pioneering innovation," Parekh said
The UTRCI will be UTC's European research base. A key driver of the decision to build it here was UTC's desire to identify global clusters of expertise which complement its existing corporate research centres in the US and China where it employs 500 people. Around 74pc of UTC's research technical staff hold PhDs or advanced degrees - a job profile likely to be reflected in the Cork centre.
The two announcements were made in Cork by the Minister for Enterprise,Trade and Innovation, Batt O'Keeffe TD, and Minister for Communications, Energy and Natural Resources, Eamonn Ryan TD.
Minister O'Keeffe said the 37 new jobs at UTRCI were well matched with the objectives of the smart economy and symbolic of the advanced technological capability of the Irish workforce.
"UTC is among the world's most respected technologically driven corporations and it is a global leader in its field across a range of business sectors," said Minister O'Keeffe.
Minister Ryan continued: "This investment is a unique opportunity for Ireland to partner with this global leader in advancing our research capability and creating high-value jobs in the clean technology sector.
"Climate change and peak oil are certainties we have to guard against and the Government has recognised these challenges by setting our country on a low-carbon trajectory.
"Today's announcement is a positive response to the perils we face.I wish the project success and I hope it continues to develop in collaboration with universities and companies from around the world,' said Minister Ryan.
I am delighted that UTC has selected Cork's Tyndall National Institute in UCC, which specialises in information communications technology, to host the new centre," said Minister O'Keeffe.
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