Apartment development, construction company Cygnum and healthcare giant Merck expanding its operations down in Cork.
Beginning the first week of June with a lot of positive expansion projects being approved in Co. Cork. Beginning with the construction company Cygnum making the headlines this week as it is all set to expand its operations by 60% – creating 50 new jobs. Cygnum has been operating in Macroom since 1997 and have recently featured in the popular RTE TV show DIY SOS. They are one of the largest timber frame manufacturers in Ireland, working with sustainable materials to design, manufacture and install rapid build homes.
Read the full articly by Cork Beo here at: https://www.corkbeo.ie/news/local-news/cork-construction-company-diy-sos-24075641
Getting on to the healthcare giant Merck, a major €440 million investment to expand its Cork-based manufacturing facilities, which will create more than 370 new jobs by 2027. Eoin Burke-Kennedy has the details.
With the European Central Bank poised to increase interest rates in July,the window of opportunity to fix your mortgage rate at the current low levels is about to close and borrowers should consider locking in now, writes Rachel McGovern, director of financial services at Brokers Ireland in our Opinion piece.
About 90 per cent of Irish construction firms say they will no longer take on fixed-price contracts given the rapid increase in raw material costs, according to a new survey from the Construction Industry Federation. Eoin Burke-Kennedy reports.
Read the full article by Irish Times here at: https://www.irishtimes.com/business/merck-expands-in-cork-construction-inflation-and-fixing-your-mortgage-rate-1.4885447
Coming down to the suburbs of this county, fresh plans have been lodged for an apartment development. Plans for 123 apartments at a site in Ballincollig have been unveiled. O’Flynn Construction Co Unlimited Company has applied for permission for a Strategic Housing Development (SHD) scheme at Old Fort Road, Ballincollig, The site, which is 1.22ha in area, is located north of the Main St in Ballincollig. The development includes proposals for 123 apartments in three blocks, ranging in height from three to six storeys. They will all be one- and two-bed apartments.
Read the full article by Irish Examiner here at: https://www.irishexaminer.com/property/developmentconstruction/arid-40885841.html
Not from another end but we have got some construction plans brewing in Co. Tipperary as well, where green light has been recently given to a school. Primary education in the Borrisokane area is set to receive a very positive boost this week with confirmation that Kyle Park National School has received permission to proceed to construction for two brand-new Special Education Teaching (SET) classrooms. It was confirmed by local TD Jackie Cahill that these building works are being provided for under the Additional Accommodation Scheme within the Department of Education. Deputy Cahill confirmed that, earlier today, Minister Norma Foley signed off on these construction works proceeding.
Read the full article here at: https://www.nenaghguardian.ie/2022/05/25/green-light-for-construction-work-at-tipp-school/