As part of the two-day Enterprise Ireland/IDA Trade & Investment Mission in Ireland event, the Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD visited Flow Technology at their facility in Charleville on Wednesday last, May 17.
The company, set up 40 years ago by the current owner’s father, Denis Murphy, is now one of Ireland’s leading process systems and equipment manufacturers, servicing the biotechnology, beverage and food industries in Ireland and Europe.
Key to its expansion over the years was a strategic decision to diversify into servicing Ireland’s multinational owned bio-pharmaceutical base, a move now supported by the joint Enterprise Ireland / IDA Global Sourcing initiative.
The result is that the company has doubled its turnover in the last two years and increased its employment to 50 people.
With further growth anticipated in the FDI and indigenous sectors, the company plans further expansion and investment in its facilities in Charleville and expects additional growth in employment in the 2018-2020 period.
CEO Tim Murphy, who joined the company in 1993 having worked overseas for several years, said “The company’s high level of repeat business is due to our employee’s track record for technical excellence and quality of service, with these same values being instilled into newly recruited graduate engineers and apprentices, we aim for continued growth and success. As a regional indigenous Irish owned company, we thank Enterprise Ireland for their support to date.”
The joint Enterprise Ireland/IDA Global Sourcing Initiative was established as part of the Irish Government’s Action Plan for jobs strategy with the aim of increasing the level of engagement between IDA backed multinational companies based in Ireland and Irish suppliers.
The goal is that by working together on this agenda that the agencies, with the support of key industry players, can assist multinational procurement teams meet their sourcing needs while deepening the penetration by Irish companies of the multinational sector.
