Industrial Info Resources expands in Galway
28 July 2015
Industrial Info Europe, a Market Intelligence company, creates 50 new jobs and officially opens new 16,500 sq ft office in Ballybrit
Minister for Business & Employment at the Department of Jobs, Enterprise and Innovation Ged Nash TD today officially opened Industrial Info Resources new office in Ballybrit, Galway.
Industrial Info Resources (IIR) was founded in 1983 and is headquartered in Sugar Land, Texas. IIR performs fact based market research on the industrial processing, heavy manufacturing and energy related industries worldwide and offers Knowledge Management Solutions to companies that sell products and services to these industries.
The Galway operation has been designated as the company’s international hub, with responsibility for all markets outside the Americas. A number of new initiatives that include expanding our market coverage for offshore oil & gas, pharmaceutical & biotech, and industrial manufacturing industries, as well as market analytics, financial shared services, international marketing and customer support has resulted in the company’s decision to add 50 new jobs over a five year period effectively doubling its workforce from when it was first established in Galway in 2010.
The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
IIR provides value for our customers by gathering, confirming, disseminating and updating information about industrial plants and their spending activities around the world so that they can make timely and intelligent business decisions. Our researchers contact plant owners, engineering and construction firms and equipment vendors to identify and confirm information on industrial assets and spending opportunities that is then disseminated in a powerful web-based solution. Since IIR has been in Ireland, the company has increased its global coverage by 489% representing over 92,000 current active projects with a total project value of over 13 trillion USD.
Speaking at the company’s offices in Galway, Minister Nash said, “The announcement by Industrial Info Resources that they are to double their workforce, creating 50 new jobs, is fantastic news for Galway and a real vote of confidence from the company in the county. As the Government strives to ensure that the jobs recovery is felt in every region of the country, IIR is a concrete example of how a talented workforce, business friendly policies and good working environment can entice and retain leading companies. I wish Ed and his team here in Galway every success as they expand.”