Industrial Info Europe designates Galway office as international hub and doubles workforce to 100
11 August 2015
Industrial Info Resources (IIR), which 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, has opened a 16,500-sq-ft office in Ballybrit, Co Galway, creating 50 jobs.
The Galway operation has been designated as the company’s international hub, with responsibility for all markets outside the Americas. IIR, which was founded in 1983, has its headquarters in Sugar Land, Texas.
A number of new initiatives that include expanding market coverage for offshore oil and gas, pharmaceutical and biotech, and industrial manufacturing industries, as well as market analytics, financial shared services, international marketing and customer support have 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.
IIR gathers confirms, disseminates and updates information about industrial plants and their spending activities around the world so that they can make timely and intelligent business decisions.
Its 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 per cent, representing more than 92,000 current active projects with a total project value of more than $13 trillion.
Ed Lewis, CEO of IIR, said: “For the past six years that we’ve been in Ireland, our company has expanded rapidly across the world and our Galway operation has been instrumental to our fast growth. I’m very excited about our future in Galway and look forward to long-term success as we move forward from here.”